11670 Garnet WAY #4 Active Save Request In-Person Tour Request Virtual Tour
Auburn,CA 95602
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 840 sqft
Price per Sqft $232
MLS Listing ID 225123201
Bedrooms 2
Full Baths 1
HOA Fees $294/mo
Year Built 1971
Property Sub-Type Condominium
Property Description
***Investor Opportunity - Turnkey Cash Flow in Auburn Greens!*** Don't miss this fully leased 2-bed, 1-bath condo in desirable Auburn Greens. Freshly updated with new flooring, paint, and appliances at the last turnover and offering instant income from Day 1. Currently rented at $1,640/month (base rent $1,395 + $245 utility reimbursement), this property delivers a strong 7.6% cap rate at the $195,000 list price with ultra-low expenses (only HOA + professional management). Net income of ~$14,844/year with a dependable tenant in place through July 2026, making this an ideal set-it-and-forget-it rental or 1031 exchange replacement. Seller prefers to keep trusted Huber Property Management on board post-sale to ensure seamless continuity. Great location, great numbers, and hassle-free ownership. This is the investor's trifecta. Submit your offer today before it's gone!
Location
State CA
County Placer
Area 12301
Rooms
Dining Room Dining/Family Combo
Kitchen Granite Counter,Stone Counter
Interior
Heating Central
Cooling Ceiling Fan(s),Central
Flooring Carpet,Linoleum,Tile
Laundry See Remarks
Exterior
Exterior Feature Balcony
Parking Features Attached,Covered,Uncovered Parking Spaces 2+
Pool Common Facility
Utilities Available Electric
Amenities Available Barbeque,Playground,Pool,Dog Park,Recreation Facilities,Greenbelt,Laundry Coin
Roof Type Composition
Building
Lot Description Court,Curb(s),Landscape Back,Landscape Front
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Auburn Union
Middle Schools Auburn Union
High Schools Placer Union High
School District Placer
Others
Special Listing Condition None