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6350 State Highway 193, Georgetown, CA, 95634

2beds
4baths
5,250sqft
$1,500,000
$286price/sqft
$10,281/moest. monthly cost
$411,240/yrincome needed

About This Home

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.

Getting Around

42
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1984

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: 5 or More Units

Interior

Appliances

  • Laundry features: Coin Operated,Common Area

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Carpet,Other

Heating & Cooling

  • Heating features: Other
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 0
  • Total interior livable area: 5,250 sqft

Property

Details

  • Parcel number: 061391038000
  • Zoning: CP
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Playground
  • Topography of land: Level,Rolling,Level,Rolling

Lot

  • Lot size: 0.93 Acres
  • Features: Other

Parking

  • Total spaces: 12
  • Parking features: Uncovered
  • Has uncovered spaces: Yes