120 George Court, Colfax, CA

$799,000

7

Beds

4

Baths

1,400

Square feet

1.92

Acres

About 120 George Court

Investor gold mine in Colfax at 6.9% cap rate! 6.3 acres on two parcels with 4 rental units. Property is near town and less than a 1 mile from I-80 access. Parcel A on 1.9 acres contains a duplex with each unit 2 bed/1 bath. Parcel B on 4.4 acres contains a 1 bed/1bath SFR and a 2 bed/1bath SFR. Each unit has its own parking, laundry area, outside storage/work area. Per County zoning, Parcel B may be subdivided into minimum 1 acre parcels. Buyer to verify sq. footage per unit and zoning specifics from Placer County. 24 hour notice is required.

Facts & Features

MLS® # 225047589
Price $799,000
Bedrooms 7
Bathrooms 4.00
Full Baths 4
Square Footage 1,400
Acres 1.92
Year Built 1965
Type Residential
Sub-Type 3+ Houses on Lot
Style Ranch
Status Active

Community Information

Address 120 George Court
Area 12303
City Colfax
County Placer
State CA
Zip Code 95713-971

Amenities

Utilities Propane Tank Leased,Electric
Features Uncovered Courtyard,Fire Pit
Parking No Garage,Guest Parking Available
View Forest
Has Pool No

Interior

Appliances Built-In Electric Oven,Built-In Electric Range,Hood Over Range,Insulated Water Heater,Microwave
Heating Baseboard,Fireplace Insert,Fireplace(s),Wall Furnace,Wood Stove
Cooling Ceiling Fan(s),Wall Unit(s),Window Unit(s)
Fireplace Yes
# of Fireplaces 4
Fireplaces Brick,Den,Pellet Stove,Wood Burning
Stories One
Has Basement No

Exterior

Lot Description Dead End,Landscape Front,Other
Roof Composition
Construction Stucco,Lap Siding,Wood
Foundation Concrete, Raised

School Information

District Placer Union High
Elementary Colfax Elementary
Middle Auburn Union
High Placer Union High

Additional Information

Zoning Multi
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Gold

Listing Map

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