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Key Details
Sold Price $725,000
Property Type Multi-Family
Sub Type 3+ Houses on Lot
Listing Status Sold
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $517
MLS Listing ID 222140295
Sold Date 01/20/23
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1963
Lot Size 2.890 Acres
Acres 2.89
Property Sub-Type 3+ Houses on Lot
Source MLS Metrolist
Property Description
Own a 2.89 acre property in Loomis with 3 houses and a farm. Approx. sq footage: 1200sf 2-3bd/1ba, 800sf 2bd/1ba, 1400sf 2-3bd/1ba = 3,400 sqft total. Rental income stepped up to $4,800/mo, but still below market = UPSIDE. Easy access off Hwy-80 and Penryn Rd with a private driveway. Houses separately metered by PG&E. Owner only pays trash $104/mo. Each house has a septic tank and share 2 wells. Main house has central heat/AC. There is a garage, carport, storage sheds, gardens, horses, pigs, goats, and many chickens. There is a seasonal creek and a pasture. Great for investment or 1031 exchange. NOTE: farm business, animals and crops belong to tenants.
Location
State CA
County Placer
Area 12650
Direction I-80 E, Exit Penryn Rd, go South, property on the left
Rooms
Guest Accommodations No
Living Room Great Room, Other
Dining Room Dining/Family Combo, Dining/Living Combo
Kitchen Breakfast Area
Interior
Heating Pellet Stove, Central, Wood Stove
Cooling Ceiling Fan(s), Central, Evaporative Cooler, Window Unit(s)
Flooring Vinyl
Laundry In Garage, Inside Area
Exterior
Parking Features Covered, Detached
Garage Spaces 1.0
Carport Spaces 1
Utilities Available Electric
Roof Type Composition
Private Pool No
Building
Lot Description Shape Regular
Story 1
Foundation Raised
Sewer Septic System
Water Well
Schools
Elementary Schools Loomis Union
Middle Schools Loomis Union
High Schools Placer Union High
School District Placer
Others
Senior Community No
Tax ID 043-074-016-000
Special Listing Condition Short Sale, None
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