11670 Garnet Way #4, Auburn, CA 95602
Local realty services provided by:Better Homes and Gardens Real Estate Integrity Real Estate
11670 Garnet Way #4,Auburn, CA 95602
$195,000
- 2 Beds
- 1 Baths
- 840 sq. ft.
- Condominium
- Active
Listed by:ryan hickey
Office:hpm
MLS#:225123201
Source:MFMLS
Price summary
- Price:$195,000
- Price per sq. ft.:$232.14
- Monthly HOA dues:$294
About this home
Investor Special - Priced to Move! Freshly updated at the last turnover with new flooring, paint, and appliances, this turnkey, cash-flowing 2-bedroom condo in Auburn Greens features a reliable tenant in place through July 2026. Currently generating $1,640/month in gross rent, which includes $1,395/month in base rent and $245/month in reimbursed utilities. At the $195,000 list price, this property yields a 7.6% cap rate, with historically low operating expenses limited to just HOA and property management totaling approximately $403/month. That's a net operating income of nearly $14,844/year with minimal landlord involvement. Seller requests Huber Property Management remain in place after sale to ensure seamless continuity. Excellent opportunity for 1031 exchange or long-term cash flow investors seeking stable, hassle-free income.
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Home facts
- Year built:1971
- Listing ID #:225123201
- Added:10 day(s) ago
- Updated:September 30, 2025 at 02:59 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:840 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central
- Heating:Central
Structure and exterior
- Roof:Composition Shingle
- Year built:1971
- Building area:840 sq. ft.
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$195,000
- Price per sq. ft.:$232.14
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