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Colfax,CA 95713
Key Details
Property Type Multi-Family
Sub Type 3+ Houses on Lot
Listing Status Active
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $570
MLS Listing ID 225047589
Bedrooms 7
Full Baths 4
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1965
Lot Size 1.920 Acres
Acres 1.92
Lot Dimensions 6.3
Property Sub-Type 3+ Houses on Lot
Property Description
Investor gold mine in Colfax at 6.9% cap rate! 6.3 acres on two parcels with 4 rental units. Property is near town and less than a 1 mile from I-80 access. Parcel A on 1.9 acres contains a duplex with each unit 2 bed/1 bath. Parcel B on 4.4 acres contains a 1 bed/1bath SFR and a 2 bed/1bath SFR. Each unit has its own parking, laundry area, outside storage/work area. Per County zoning, Parcel B may be subdivided into minimum 1 acre parcels. Buyer to verify sq. footage per unit and zoning specifics from Placer County. 24 hour notice is required.
Location
State CA
County Placer
Area 12303
Direction Going East on 80 Freeway Get off on Canyon Way. Coming from Grass Valley take 174 to town of Colfax Please do not disturb tenants, Appointment is required with 24 hour notice.
Rooms
Family Room Deck Attached
Guest Accommodations Yes
Living Room Other
Dining Room Dining/Family Combo
Kitchen Kitchen/Family Combo
Interior
Heating Baseboard,Fireplace Insert,Fireplace(s),Wall Furnace,Wood Stove
Cooling Ceiling Fan(s),Wall Unit(s),Window Unit(s)
Flooring Laminate,Vinyl
Fireplaces Number 4
Fireplaces Type Brick,Den,Pellet Stove,Wood Burning
Window Features Dual Pane Full
Appliance Built-In Electric Oven,Built-In Electric Range,Hood Over Range,Insulated Water Heater,Microwave
Laundry Cabinets
Exterior
Exterior Feature Uncovered Courtyard,Fire Pit
Parking Features No Garage,Guest Parking Available
Fence Other
Utilities Available Propane Tank Leased,Electric
View Forest
Roof Type Composition
Topography Downslope
Street Surface Paved,Chip And Seal
Private Pool No
Building
Lot Description Dead End,Landscape Front,Other
Story 1
Foundation Concrete, Raised
Sewer Septic System
Water Well
Architectural Style Ranch
Level or Stories One
Schools
Elementary Schools Colfax Elementary
Middle Schools Auburn Union
High Schools Placer Union High
School District Placer
Others
Senior Community No
Restrictions Rental(s)
Tax ID 101-150-028-000
Special Listing Condition None
Pets Allowed Yes