1000 Elizabeth Lane, El Dorado, CA 95623

$849,000
List Price
$849,000
MLS#
223106274
Status
PENDING
Type
Multifamily
Zip
95623
city
El Dorado

Property Description

Amazing opportunity to own 2 duplexes right off of El Dorado Rd! This offering comprises one of two separate parcels, each housing two duplexes, totaling four individual units per side. Welcome to the perfect investment that combines cozy living spaces, modern conveniences, and a strategic location for easy access to Highway 50 and Highway 49. There are 2 parcels being sold separately that each feature 2 duplexes. Each parcel totals 4 individual units each offering 2 beds, 1 bath, 1 car garage, and in-unit laundry hookups. With just under 800 sqft of living space per unit, this opportunity is the perfect addition to your portfolio. Each unit currently brings in an average of $1,500 per month with a cap rate of 6.3%. You will love the convenient location which is within walking distance from historic Poor Reds and El Doraado Counties longest walking trail. All of this and more just 8 minutes from Target, Safeway, restaurants, shopping, and more. Welcome home.

Additional Information

Tenant Pays
Cable TV, Electricity, Trash Collection
Land Area (Acres)
0.75
Year Built
1963
Number of Buildings
4
Number of 2 Bedroom Units
4
Disability Features
0
Roof Description
Composition

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Navigate Realty.

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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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