Nikki James at Remax Gold - 916-505-9310
MLS: 225123201 $194,950
2 Bedrooms with 1 Bath11670 GARNET WAY #4
AUBURN CA 95602MLS: 225123201
Status: ACTIVE
List Price: $194,950
Price per SQFT: $232
Square Footage: 8402 Bedrooms
1 Bath
Year Built: 1971
Zip Code: 95602
Listing Remarks
***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!
Address: 11670 GARNET WAY #4 AUBURN CA 95602
Listing Courtesy of HPM
Community: AUBURN GREENS ... Listing 5 of 6
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Condo Mania Agent
Nikki James
RE/MAX Gold
BRE# 01906749
Phone: 916-505-9310
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: None BEDROOMS: 2 BATHROOMS FULL: 1 LIVING AREA SQ FT: 840 YEAR BUILT: 1971 HOA FEES FREQUENCY: Monthly HOA FEES: $294 HOA INCLUDES: MaintenanceExterior, MaintenanceGrounds, Pool HOA AMENITIES: Barbeque, Playground, Pool, Dog Park, Recreation Facilities, Greenbelt, Laundry Coin APPLIANCES INCLUDED: Dishwasher, Microwave CONSTRUCTION: Stucco, Frame EXTERIOR FEATURES: Balcony FLOORING: Carpet, Linoleum, Tile HEATING: Central COOLING: Ceiling Fan(s), Central LAUNDRY FEATURES: See Remarks LOT FEATURES: Court, Curb(s), Landscape Back, Landscape Front # GARAGE SPACES: 0 PARKING FEATURES: Attached, Covered, Uncovered Parking Spaces 2+ PROPERTY TYPE: Residential PROPERTY SUB TYPE: Condominium ROOF: Composition ROOMS TOTAL: 0 POOL FEATURES: Common Facility LISTING AGENT: RYAN P HICKEY LISTING OFFICE: HPM
Estimated Monthly Payments
List Price: $194,950 20% Down Payment: $38,990 Loan Amount: $155,960 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $986 Estimate does not include taxes, fees, insurance.
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Property Location: 11670 GARNET WAY #4 AUBURN CA 95602
This Listing
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Condo Mania Agent
Anthony James
RE/MAX Gold BRE# 01338273
Broker Associate
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Last Updated: 2025-10-08