$400,000
$425,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
5,009 Sqft Lot
SOLD DATE : 06/15/2018
Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Armstrong 7
MLS Listing ID 128992
Sold Date 06/15/18
Bedrooms 4
Year Built 1960
Lot Size 5,009 Sqft
Acres 0.115
Property Sub-Type Duplex
Property Description
Finally, a stylish single story 2 unit income property with great tenants, strong rental income, plenty of parking, and is well maintained. The rear unit has 2 beds, 1 bath, featuring its own private fenced yard, a large storage shed, an open floor plan, dual pane vinyl windows, and is currently rented for $1400 per month. The front unit has 2 beds, 1 bath, was recently generating $1350 per month but is now vacant and is receiving some updating in order to command higher rental income. Since the front unit is currently vacant, it is the perfect timing for buyers looking to owner occupy while generating income from the back unit. A great income property deserves a great location, surrounded by predominantly single-family residences, this 1,344 sf duplex is centrally located walking distance to the areas top breweries/restaurants, grocery store, retail shopping, a short bike ride to the shores of Lake Tahoe, and only steps away from beautiful hiking trails.
Location
State CA
County El Dorado
Area Y Area
Interior
Heating Wall or Space Heater
Cooling Wall or Space Heater
Laundry In Unit
Exterior
Exterior Feature Storage Shed
Garage Spaces 6.0
Utilities Available NaturalGasAvailable, City Water, City Sewer, Cable TV, High Speed Internet, Telephone
Roof Type Pitched,Metal
Building
Story One Story
Foundation Post & Pier
Water Natural Gas
Others
Ownership Fee Simple
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
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