Seller Financing
Address
300 Cherry Ave Auburn, CA
Price
$ 649,000
Property Attributes
  • MLS#221025029
  • TypeIncome
  • CountyPLACER
  • CityAuburn
  • Area12301
  • Zip95603
  • StyleVictorian
  • Price$ 649,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size5,663 SqFt
Listing Provided Courtesy Of:
April M. Noessel CalBRE# - 02077149 with Allison James Estates & Homes
Data Source:
California Metrolist Inc
Property Description

Here is a great opportunity located in the heart of downtown Auburn, bustling with history, great shops, galleries, and restaurants. In a bit cooler climate, this property and location are highly desirable. This triplex has one 2 bd/2 bath, and two 1 bd/1 bath units that produces $3,150 monthly income. Currently rented under market value with long term tenants in all units, 5% CAP rate or 6% one year pro-forma. Owner financing preferred with 35% down. With some cosmetic updating and landscaping this investment has unlimited POTENTIAL!

Price History
3/25/2021 Listed $649,000

General Features

Architectural Style Victorian
Association Y/N No
Construction Materials Wood, Wood Siding
Cooling Other
Electric 220 Volts
Elementary School District Western Placer
Flooring Other
Heating Other
High School District Placer Union High
MLS Area 12301
Parking Features Other
Property SubType Triplex
Property Type Residential Income
School District (county) Placer
Sewer Public Sewer
Status Active
Subtype Description Apartments
Total Units 3
Zoning Description DPLEX

Interior Features

Floors 1
Laundry Features Washer/Dryer Hookups
Total Stories 2
Unit 1 # Of Rooms 2
Unit 1 Bedroom Units Total 2
Unit 1 Bedrooms 2
Unit 1 Full Baths 2
Unit 1 Rent 1350
Unit 1 Type Apartment
Unit 2 Bedroom Units Total 1
Unit 2 Bedrooms 1
Unit 2 Full Baths 1
Unit 2 Type Apartment
Unit 3 Bedrooms 1
Unit 3 Full Baths 1
Unit 3 Type Apartment

Exterior Features

Foundation Details Raised
Lot Features Other
Lot Size Acres 0.1300
Lot Size Source Assessor Auto-Fill
Lot Size Square Feet 5663
Number of Buildings 1
Total Parking 5
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 95603

Price
AVG $750K
$650K
Visits
AVG 106
62
Year Built
AVG 1908
1930

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