6350 State Highway 193, Georgetown, CA 95634
El Dorado County
Key Facts
Description
Excellent investment opportunity with Kingslike Apartments, a well-maintained, fully occupied, 10-unit apartment complex, with an 11th unit for management, if needed. Located in the heart of Georgetown and situated on nearly an acre with prime Highway frontage, this successful income-producing property offers high rental income in an appealing and convenient location for occupants, close to local restaurants, parks, shopping, the historic saloon, and other community amenities. The property features 10 studio units plus a 2-bedroom manager suite, with utilities including Wi-Fi, water, sewer, garbage, and electricity currently included in the rents, providing added convenience for tenants. A new roof offers peace of mind for future ownership, and on-site management is available to assist with a smooth transition. Residents enjoy easy access to the area's many outdoor recreational opportunities, including hiking, boating, fishing, and swimming at nearby lakes just a scenic drive-up Wentworth Springs Road. Historic Coloma and the South Fork of the American River are also nearby, offering whitewater rafting, gold panning, and year-round tourism. Don't miss this outstanding opportunity to own a fully occupied investment property in the heart of Gold Country.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1984
Stories
2
Lot Size
0.93 acres
Parking Spaces
12
MLS® Listing#
226090746
Property Features
Exterior
Cooling
Heating
Flooring
Laundry
Lot Features
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Schools
- District:
- El Dorado
Financial Details
HOA
None
Parcel Number
061-391-038-000
Directions
FROM HWY 50 - - Exit Hwy 49 towards Georgetown, make right onto Hwy 193 and follow into Georgetown with property being on right before Main St intersection. FROM HWY 80 - - Exit Elm Ave in Auburn, turn left onto High Street, follow down ravine, turn right onto Hwy 49 over bridge towards Cool. Left at Hwy 193, approximately 12 miles to property on Left.
Affordability Calculator
$300,000
Estimated monthly payment
$7,984/mo
Principal $1,200,000 · Est. interest $1,674,107 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Georgetown, CA
- $525,000
- Median Listing Price
- 46
- Median Days on Market
- 1,751
- Median Sq Ft
- $286
- Median Price / Sq Ft
- 16
- Active Listings
- This home’s price is 186% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Georgetown, CA.
Location
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Points of Interest in Georgetown, CA
Showing the Georgetown area map.
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 6350 State Highway 193, Georgetown, CA | $1,500,000 | — | — | 5,250 |
Moving Cost Estimate
EXIT Agents in Georgetown
Listing Courtesy: RE/MAX GOLD - 5304577527
Presented by: Allicen Cooper
CA DRE# 01520140. Kris Klair Broker
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