Overview
About This Listing
This is a highly compelling dual-income investment opportunity featuring two separate, updated, and currently tenant-occupied homes on one lot. Homes include a spacious 2 bedroom, 2 bathroom residence with approximately 1,570 sq ft of living space and potential 3rd bedroom, and a 1 bedroom, 1 bathroom second home with approximately 696 sq ft of living space. The property boasts exceptional energy efficiency and reduced long-term maintenance thanks to the sellers many updates starting in 2019, including but not limited to, updated roofs, insulation, AC units, and water heaters as well as many cosmetic updates throughout both homes. The most significant financial benefit is the oversized solar system also installed in 2019, which the seller will pay off in full at the close of escrow. This transfer eliminates the debt and provides the new owner with a system engineered to cover up to 125% of annual energy usage, effectively eliminating high utility generation charges and maximizing Net Operating Income leaving only mandatory minimum utility service fees that apply when applicable. This is a genuinely turnkey asset.
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18093 Lasso Loop, Penn Valley, CA 95946
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Source:
Listed by: Gold Country Ranches and Realty -
Details
$355,000(Negotiable)
11750 Jones Street, Auburn, CA 95603
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Source:
Listed by: Real Estate Solutions -
Details
$600,000(Negotiable)
648 California Street, Woodland, CA 95695
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Source:
Listed by: RE/MAX Gold Woodland -
Details
$769,000(Negotiable)
