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Presented by: Hpm, IncPowered by Highrises
For Sale

$194,950

$50

11670 Garnet Way Apt 4, Auburn, CA 95602

  • 2Beds
  • 1Bath
  • 840SqFt
  • 2Beds
  • 1Bath
  • 840SqFt
  • Property Type
    Condo
  • Year Built
    1971
  • HOA Fees
    $294/mo
  • Price per Sqft
    $232
  • On highrises
    16 Days

Property Details

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!

Property Features

Bedrooms

  • Bedrooms: 2
  • Primary Bedroom Features: Closet
  • Presented by:
  • Ryan Hickey
  • state license#01877099

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Learn more about 11670 Garnet Way Apt 4