553 Skyline Drive, Placerville, CA 95667

$650,000
3
BD
3
Full Baths
2,064
SqFt
List Price
$650,000
MLS#
223022091
Status
ACTIVE
Bedrooms
3
Bathrooms
3
Living Sq. Ft
2,064
Square Footage
2064
Type
Single Family Residential
Zip
95667
City
Placerville

Property Description

This incredible remodeled property offers over 2,000 square feet of living space, featuring three bedrooms and three bathrooms. In addition, there is a second income-producing unit on the property. Both units combined generate a fantastic monthly rental income of $4,050, making this property an excellent investment opportunity.The property can be bought individually or as part of a package deal along with other listings in the portfolio. The sellers are willing to offer a discount for the purchase of the entire portfolio. With a net operating income of $412,668, the cap rate for this property is impressive. The properties have been well-maintained and were completely remodeled with high-quality materials, minimizing the need for maintenance. Furthermore, the leases come with double to triple deposits, providing an added advantage. The rental history is excellent with very few vacancies. There is also an opportunity to increase the value of the portfolio through the addition of ADUs. MLS #s listing included in the portfolio 223021719,223021624,223020926,223020949,223020889,223020935,223020910

Additional Information

Land Area (Acres)
0.22
Year Built
1973
Subtype
Single Family Residence
Subtype Description
Detached
Construction
Wood
Foundation
Other
Stories
2
Garage Spaces
2
Garage
Garage Facing Front
Baths Other
Stone, Other
Floor Coverings
Laminate, Tile
Laundry Description
Cabinets
Dining Description
Breakfast Nook, Other
Kitchen Description
Breakfast Area, Stone Counter
Cooling
Central
Heat
Central
Water
Public
Utilities
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Big Block Realty North.

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2023 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .

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