Active
  • Price cut: $50 (10/2)
    $194,950

    11670 Garnet Way APT 4, Auburn, CA 95602

    2beds
    840sqft
    : 
    Condominium
    Built in 1971
    -- sqft lot
    $192,300 Zestimate®
    $232/sqft
    $294/mo HOA

    What's special

    New flooring
    ***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!
    16 days
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