120 George CT new

Colfax,CA 95713

$ 799000

7 Beds

4 Baths

1400 SqFt


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

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