11670 Garnet Way #4, Auburn, CA 95602
Local realty services provided by:ERA Carlile Realty Group
11670 Garnet Way #4,Auburn, CA 95602
$194,950
- 2 Beds
- 1 Baths
- 840 sq. ft.
- Condominium
- Active
Listed by:ryan hickey
Office:hpm
MLS#:225123201
Source:MFMLS
Price summary
- Price:$194,950
- Price per sq. ft.:$232.08
- Monthly HOA dues:$294
About this home
***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!
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Home facts
- Year built:1971
- Listing ID #:225123201
- Added:13 day(s) ago
- Updated:October 02, 2025 at 11:44 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:840 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central
- Heating:Central
Structure and exterior
- Roof:Composition Shingle
- Year built:1971
- Building area:840 sq. ft.
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$194,950
- Price per sq. ft.:$232.08
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