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300 Cherry Avenue $644,900

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    300 Cherry Avenue Auburn, CA 95603

    Pending Bring Backup
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    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 221025029
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    Views: 39

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    Property Details

    Here is a great opportunity located in the heart of downtown Auburn, bustling with history, great shops, galleries, and restaurants. In a bit cooler climate, this property and location are highly desirable. This triplex has one 2 bd/2 bath, and two 1 bd/1 bath units that produces $3,650 monthly income. Currently rented under market value with long term tenants in all units, 6.5% CAP rate. Owner financing preferred with $250,000 down. Interiors are updated. With some exterior cosmetic updating and landscaping this investment has unlimited POTENTIAL!

    • General Features
      • Year Built 1930
      • Property Subtype Triplex
      • County Placer
      • Association Fee $0
      • Association No
    • Building Features
      • Architectural Style Victorian
      • Carport Spaces 0
      • Construction Materials Wood
      • Num Commercial Units 0
      • Number of Buildings 1
      • Independent Parking Spaces 0
      • Number of Floors 1
      • Heating Other
      • Foundation Raised
      • Garage Spaces 0
      • Flooring Other
      • Electric 220 Volts
      • Covered Spaces 0
      • Cooling Other
      • Open Parking Spaces 0
      • Number of Studio Units 0
      • Number of Units Total 3
      • Total Parking Spaces 5
      • Stories 2
      • Sewer Public Sewer
      • Number of Guest Spaces 0
      • Tandem Parking Spaces 0
      • Water Source Public
    • Property Features
      • Lot Size Source Assessor Auto-Fill
      • Lot Size Square Feet 5663
      • Lot Size Acres 0.13
    • Schools
      • Senior High School District Placer Union High
      • School District County Placer
      • Middle or Junior School District Placer Hills Union
      • Elementary School District Western Placer

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    Neighborhood

    95603 (Auburn) Demographics

    48 Median Age
    739 Population Density (per sq. mile)
    41% College Educated
    $60,299 Estimated Median Income
    7,501 Estimated Total Home Owners
    4,232 Estimated Total Renters
    64% / 36% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    28,826 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    43 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $644,900
        9/20/2021 6:01:47 PM Status Changed Source: Multiple Listing Service New Value: Pending Bring Backup
        6/25/2021 2:02:16 PM Price Reduced Source: Multiple Listing Service New Value: $644,900 -0.63%
        3/25/2021 7:03:00 PM New in Database Source: Multiple Listing Service New Value: $649,000

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        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 9/24/2021 8:02:13 AM. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Terms of Use

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.