***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!
Active
Price cut: $50 (10/2)
$194,950
11670 Garnet Way APT 4, Auburn, CA 95602
2beds
840sqft
Est.:
Condominium
Built in 1971
-- sqft lot
$192,300 Zestimate®
$232/sqft
$294/mo HOA
What's special
New flooring
- 16 days |
- 356 |
- 11 |
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