1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
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1001 Elizabeth Lane
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1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
1001 Elizabeth Lane
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1001 Elizabeth Lane
Sold

1001 Elizabeth Lane

1001 Elizabeth Lane, El Dorado, CA 95623

$824,999
Calling all investors! 2 Duplex 4 units. We're thrilled to introduce an exceptional investment opportunity that seamlessly combines comfortable living spaces, modern conveniences, and a strategic location with effortless access to Highway 50 and Highway 49. This offering comprises one of two separate parcels, each housing two duplexes, totaling four individual units per side. Each unit boasts two bedrooms, one bathroom, a one-car garage, and in-unit laundry hookups. With each unit providing just under 800 square feet of living space, this investment is tailor-made for those seeking solid returns and a prime location. A roomy one-car garage is included with each unit, offering secure parking and additional storage. The generous living space, at approximately 800 square feet per unit, ensures tenant comfort. Currently, each unit is rented at an average of $1,500 per month, resulting in a compelling cap rate of 6.6%, making this investment an excellent addition to your portfolio.

6
beds

4
baths

2,260 Sq.Ft. LIVING AREA

0.39 Acres lot

Features & Amenities

Interior

  • total bedrooms6
  • Total bathrooms4
  • full bathrooms4
  • Laundry room Washer Hookup
  • Flooring Carpet, Laminate, Vinyl, Linoleum
  • APPLIANCES Free-Standing Electric Oven, Free-Standing Electric Range

Area & Lot

  • Status Sold
  • Date Sold February 14, 2024
  • Living Area2,260 Sq.Ft.
  • Lot Area0.39 Acres
  • MLS® ID223106350
  • TypeMulti-Family
  • YEAR BUILT1963
  • Architecture StylesTraditional
  • School DistrictEl Dorado

Exterior

  • STORIES1
  • utilitiesCable Connected
  • roofComposition
  • lot featuresLevel, Private
  • parkingGarage
  • HEAT TYPEElectric, Fireplace(s)
  • AIR CONDITIONINGCeiling Fan(s)
  • SubstructureRaised, Slab
  • security FeaturesSmoke Detector(s), Carbon Monoxide Detector(s)

Financial

  • Sales Price$824,999
  • Real Estate Tax $4,227/yr
  • Maintenance Fee $3,000/mo
  • Zoning Multi
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