Placerville, CA 95667,2977 Bedford AVE

$1,000,000

$1,099,000

9.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

1.06 Acres Lot


SOLD DATE : 11/09/2020

Key Details

Sold Price $1,000,000

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 20048584

Sold Date 11/09/20

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1926

Lot Size 1.060 Acres

Acres 1.06

Property Description

The Bedford Apartment Complex is a 10-Unit, multi-building complex situated on three large lots located within historic Placerville. The complex today is comprised of what was once the well-known Kennedy House, as well as the First Apartment Building build in Placerville Circa 1864. Eight well-sized 1 Bedroom/1-Bathroom units, one studio apartment, and one detached cottage with 1 Bedroom/1-Bathroom. On-Site laundry room with coin-operated washer and dryer. Great long-term tenants. Plenty of Parking. Opportunity for lot line adjustment allowing for additional build (plans available). Offered at a 6.0% Cap Rate PLUS get $100,000.00 Seller Credit at closing! Great opportunity for an investor looking for immediate cash flow. Please call or email for additional details.

Location

State CA

County El Dorado

Area 12701

Direction Hwy-50; North on Bedford Ave; Property on the Right

Interior

Heating Other

Cooling See Remarks

Flooring See Remarks

Appliance Gas Water Heater, See Remarks

Laundry Washer/Dryer

Exterior

Garage 1+ Space Per Unit

Amenities Available None

Roof Type Composition

Building

Story 2

Schools

Elementary Schools Placerville Union

Middle Schools Placerville Union

High Schools El Dorado Union High

School District El Dorado

Others

Senior Community No

Tax ID 002-122-006-000

Special Listing Condition None

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


MetroList® Services, Inc (RESO)
Listed by Land Catchers Investments
Bought with Christie's International Real Estate Sereno

GET MORE INFORMATION

Aaron And Laura Ralls

Realtors | Lic# 01985645

+1(916) 813-0226

2603 Camino Ramon # 200, Ramon, CA, 94583

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.