Nikki James at Remax Gold - 916-505-9310     Remax Gold

Community: AUBURN GREENS ... Listing 5 of 6
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MLS: 225123201     $194,950     2 Beds /1 Baths

MLS #:225123201
Status:ACTIVE
List Price:$194,950
Price SQFT:$232
City: AUBURN
Beds:2
Baths:1
SqFt:840
Year:1971
Zip: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

MLS Logo  Listing Courtesy of HPM

Listing Photos


Community: AUBURN GREENS ... Listing 5 of 6
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Last Updated: 2025-10-08