Description
Can you Say Awesome Investment Opportunity in the Folsom Historic District! Property for Sale ONLY! Tenants are on NNN Lease that expires in 2026, current lease amount is $7200.00, per the Seller. Total Remodel a few years ago with city permits. Property is currently licensed as a 15 Bed RCFE-Assisted Living for the Elderly. Approximately 7 bedrooms and 4 Bathrooms, beautiful family room with open floor plan. The gourmet kitchen boasts of stainless steel appliances and granite counter tops. All of the bedrooms are spacious and there are plenty of exit doors. There's a beautiful entry way/reception area and office. Property interior is approximately 4700 s/f and was licensed by the owners of the business in 06/2021. After lease expires Buyer can pursue re-license of property for a Care Facility which are difficult to find in the Bay Area. This is a gem waiting for a new Investor/Owner.
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0BEDS
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0.48ACRES
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0BATHS
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01/2 BATHS
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4,700SQFT
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$394$/SQFT
School Ratings & Info
Description
Can you Say Awesome Investment Opportunity in the Folsom Historic District! Property for Sale ONLY! Tenants are on NNN Lease that expires in 2026, current lease amount is $7200.00, per the Seller. Total Remodel a few years ago with city permits. Property is currently licensed as a 15 Bed RCFE-Assisted Living for the Elderly. Approximately 7 bedrooms and 4 Bathrooms, beautiful family room with open floor plan. The gourmet kitchen boasts of stainless steel appliances and granite counter tops. All of the bedrooms are spacious and there are plenty of exit doors. There's a beautiful entry way/reception area and office. Property interior is approximately 4700 s/f and was licensed by the owners of the business in 06/2021. After lease expires Buyer can pursue re-license of property for a Care Facility which are difficult to find in the Bay Area. This is a gem waiting for a new Investor/Owner.
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