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29692629
29692630

611 Mormon St, Folsom, CA 95630

JR
01335546
$2,200,000
124 days on market
Updated 110 days ago

611 Mormon St., Folsom - 6 units on one parcel

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 6,833
Units 6
Price per SqFt $322
Year Built 1991
Lot Size (SqFt) 21,560
Zoning R-2
Parking Spaces per unit

Multifamily | 6 Units | $366,667/unit

Marketing description

Exceptional opportunity to own six income-producing units on one parcel in highly desirable Folsom, CA. This property includes two duplexes and two single family homes, each featuring two bedrooms, two bathrooms and two car garages. Ideally located near Historic Folsom, offering convenient access to restaurants, entertainment, farmers markets, street fairs, public transportation and seasonal events. Outdoor recreation is just minutes away including the American River, Folsom Lake, Johnny Cash Trail and miles of scenic bike trails. Folsom is home to the vibrant Palladio, an outdoor shopping area, award winning schools, strong local sports programs, Harris Center for the Arts and Folsom Lake College. Folsom also also offers its' own police and fire departments, reinforcing its' reputation for safety and stability. Celebrated for its' cultural diversity, distinction by nature and central location, not too far from Lake Tahoe or the Pacific Ocean for a day trip or weekend get away. This property represents a truly rare opportunity to invest in a coveted rental market.

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Listing Contacts

JR
01335546

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Additional Information

Name
Kimberly L. Bold
License
01908304
Brokerage
Responsible Member/Broker
Brokerage Phone
916-933-1155
Title
Broker of Record
Brokerage Address
4370 Town Center Blvd. #270, El Dorado Hills, CA 95762
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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