1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
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$824,999

1001 Elizabeth Lane

6 Beds 4 Baths 16,988.4 Sq.Ft.

Description

Calling all investors! 2 Duplex 4 units. We're thrilled to introduce an exceptional investment opportunity that seamlessly combines comfortable living spaces, modern conveniences, and a strategic location with effortless access to Highway 50 and Highway 49. This offering comprises one of two separate parcels, each housing two duplexes, totaling four individual units per side. Each unit boasts two bedrooms, one bathroom, a one-car garage, and in-unit laundry hookups. With each unit providing just under 800 square feet of living space, this investment is tailor-made for those seeking solid returns and a prime location. A roomy one-car garage is included with each unit, offering secure parking and additional storage. The generous living space, at approximately 800 square feet per unit, ensures tenant comfort. Currently, each unit is rented at an average of $1,500 per month, resulting in a compelling cap rate of 6.6%, making this investment an excellent addition to your portfolio.

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Location

1001 Elizabeth Lane, El Dorado, CA 95623

Status

Sold
Bobby Graves

Bobby Graves

TITLE

Realtor®

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Property Amenities

Interior
Appliances Electric Oven
Flooring Carpet, Laminate, Vinyl
Total Bedrooms: 6
Full Bathrooms: 4
Other Interior Features Carpet, Laminate, Vinyl
Area & Lot
Lot Area 0.39 Acres
Living area 16,988.4 Sq.Ft.
MLS® ID 223106350
Year Built 1963
School District El Dorado
Architecture Styles Traditional
Type Multi-Family
Status Sold
Exterior
Stories 1
Air conditioning Ceiling Fan(s)
Heat type Electric
Roof Composition
Utilities Sewer Connected, Cable Available
Finance
Sales Price $824,999

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