For Sale

Listed by Inderjit Ghusar from BIG BLOCK REALTY NORTH

Source: MetroList MLS #223022648

24535 Foresthill Rd, Foresthill, CA, 95631

$849,000

5
1
2
1848 sq. ft.
6970 sq. ft.

SingleFam

30+ days on the market

What's around 24535 Foresthill Rd

About this property

This listing offers a fantastic investment opportunity in Foresthill, CA, with three beautifully remodeled homes on two lots situated in a tranquil and picturesque area. It is worth noting that all three homes share a single septic tank. The listing includes both 24535 and 24545 Foresthill Rd (APN's 007-182-015-000& 007-182-014-000) and boasts an impressive monthly rental income of $5,350. The property can be bought individually or as part of a package deal along with other listings in the portfolio. The sellers are willing to offer a discount for the purchase of the entire portfolio. With a net operating income of $412,668, the cap rate for this property is impressive. The properties have been well-maintained and were completely remodeled with high-quality materials, minimizing the need for maintenance. Furthermore, the leases come with double to triple deposits, providing an added advantage. The rental history is excellent with very few vacancies. There is also an opportunity to increase the value of the portfolio through the addition of ADUs. MLS #s listing included in the portfolio 223021719,223021624,223020926,223020949,223020889,223020935,223020910

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