$1,300,000

2980 Coloma Street, Placerville CA, 95667

Price per sqft$6,500.00

Built in1875

Property size200 sqft

Property typeMulti-family

Overview

Sold

Closed

Listed Apr 19, 2024

Updated May 29

Price Reduced to Sell - $17,250 of monthly rental income. 8.25% This is a very unique opportunity. This is not an apartment complex, although it is ran just like an apartment community. The Subject property consists of two separate buildings. 1) is a 6bedroom/3.5 Bath single family home that is on a master lease for $1800 a month. Building #2) is a 31 bedroom, 6 bathroom structure that is rented by the room. Rents range from $500-$650 per bedroom. There is an on-site manager that does all of the management for the owner and is willing to stay. The building includes a back yard community garden area, a common area commercial sized shared kitchen with 16 refrigerators. There are vending machines, storage lockers and a laundry facility on-site. The building is very quiet and well kept. There is a walking path to Downtown Placerville which is only a stones throw away!

Additional information

MLS^® ID: 224039888

Interior Features

Bedrooms: 37
Bathrooms: 9
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.46 Acres

Courtesy of Collier's International CA, Inc., Matthew Sarro,
Listing Contact:

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