1801 Cardinal Dr, Placerville, CA 95667 For Sale

Introducing 1801 Cardinal Dr, 1833 Cardinal Dr, and 1840 Point View Dr, a picturesque multifamily property nestled in a serene hillside of Placerville, CA. Offering modern finishes and stunning views, this apartment-style building consists of 8 units suitable for both long and short-term rentals. The property features a low-rise design, with a total of 6,912 SF, and boasts a 4.10% cap rate, making it a stable investment opportunity. Each 2-bedroom unit, with an average rent of $2,100 per month, provides tenants with a comfortable living space. The location, surrounded by lush trees, offers a tranquil atmosphere while being conveniently close to essential amenities. Don't miss the chance to own this income-generating property at $2,900,000.