707 NATOMA ST Folsom CA 95630

The MORE Real Estate Group, as exclusive advisor, is pleased to present a prime investment opportunity in the Historic Folsom area! This meticulously maintained 2,730 +/- SF property consists of two buildings offering a long-term salon suites concept.

Building (1), featuring 1,500 +/- SF, was originally constructed in 1996 and fully renovated in 2020. It includes 6 private salon suites, a reception and waiting area, restroom facilities, and a community kitchen. The suites feature 14-foot ceilings, laundry hookups, and large windows that provide abundant natural light.

Building (2) is a newly built 1,230 +/- SF structure completed in 2022, offering an additional 6 suites with 11 ft ceilings, a small reception area, restrooms, and windows in every room. The lot provides 14 designated parking spots for tenants and guests, as well as additional street parking and full ADA accessibility. Located within the highly desirable Historic Folsom District, this property benefits from a strong rental history and offers investors a secure, turnkey asset in an affluent community. Seller financing is available.

100 feet of prime frontage on Natoma Street, between Wool and Riley Streets.

707 Natoma: $6,300

709 Natoma: $7,450

Total Gross: $13,750

Total Expenses: $2,082*

Total Net: $11,668

TOTAL MONTHLY EXPENSES

1 Phone: $42.50

Alarm: $172.00

Cleaning: $350.00

Utilities: $622.00

Includes: Trash, Water, Sewer, SMUD, PG&E

Total Insurance: $285.00

Includes: liability + building

Property Taxes: $510.00

Maintenance + Supplies: $100.00

UPDATED TRAFFIC COUNTS

Natoma St/Wool St: 10.4K

Riley St/Natoma St/Persifer St/Aly: 21.1K

Wool St/Natoma St: 20.2K

Wool St/Natoma St: 22K