Excellent investment opportunity with Kingslike Apartments, a well-maintained, fully occupied, 10-unit apartment complex, with an 11th unit for management, if needed. Located in the heart of Georgetown and situated on nearly an acre with prime Highway frontage, this successful income-producing property offers high rental income in an appealing and convenient location for occupants, close to local restaurants, parks, shopping, the historic saloon, and other community amenities. The property features 10 studio units plus a 2-bedroom manager suite, with utilities including Wi-Fi, water, sewer, garbage, and electricity currently included in the rents, providing added convenience for tenants. A new roof offers peace of mind for future ownership, and on-site management is available to assist with a smooth transition. Residents enjoy easy access to the area's many outdoor recreational opportunities, including hiking, boating, fishing, and swimming at nearby lakes just a scenic drive-up Wentworth Springs Road. Historic Coloma and the South Fork of the American River are also nearby, offering whitewater rafting, gold panning, and year-round tourism. Don't miss this outstanding opportunity to own a fully occupied investment property in the heart of Gold Country.
13 days
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146
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Zillow last checked:
Listing updated:
Listed by:
Allicen CooperDRE #01866278530-333-3489,
RE/MAX GOLD,
Rita BurkeDRE #02065446530-409-7865,
RE/MAX GOLD
Source: MetroList Services of CA,MLS#: 226090746Originating MLS: MetroList Services, Inc.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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