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listings@guiderealestate.com +1(916) 975-2700

$ 1,465,000

Est. payment | -/mo

5 Beds

2 Baths

3,566 SqFt

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$ 1,465,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

2 Baths

3,566 SqFt

Key Details

Property Type Multi-Family

Sub Type 3+ Houses on Lot

Listing Status Active

Purchase Type For Sale

Square Footage 3,566 sqft

Price per Sqft $410

MLS Listing ID 226047934

Bedrooms 5

Full Baths 2

HOA Y/N No

Year Built 1920

Lot Size 0.610 Acres

Acres 0.6101

Property Sub-Type 3+ Houses on Lot

Source MLS Metrolist

Property Description

An exceptional and rare investment opportunity in the heart of Newcastle! This unique property includes two adjacent parcels being sold together: 320 Taylor Road, featuring three separate single-family residences on one lot, plus the neighboring 350 Taylor Road, a vacant lot. Both properties are zoned Mixed Use - tremendous potential for investors, developers, or owner-users alike. All three homes at 320 Taylor Road are currently leased to a single tenant, generating $8,500/month in gross rental income - providing immediate, stable cash flow from day one. The adjacent vacant lot at 350 Taylor Road offers additional development potential, whether for additional residential units, commercial space, or a combination of both. This property is Ideally situated with quick and convenient access to Highway 80, and outdoor enthusiasts will love being just minutes from the North Fork of the American River and Folsom Lake. The location also places you close to local shops, restaurants, and everyday amenities. Whether you're looking for a property with multiple homes for you and your family, to expand your investment portfolio, capitalize on the existing rental income, or explore the development possibilities that Mixed-Use zoning affords, this is a truly versatile property in one of Placer County's most charming and well-connected communities. Please do not disturb tenants. All showings by appointment only.

Location

State CA

County Placer

Area 12658

Direction Take the Newcastle Road exit off Highway 80 and turn onto Old State Highway. Turn left onto Taylor road and the property will be at the dead end.

Rooms

Basement None

Guest Accommodations No

Living Room View

Dining Room Formal Area

Kitchen Stone Counter

Interior

Heating Central, Ductless, Gas

Cooling Ceiling Fan(s), Central, Ductless

Flooring Concrete, Tile, Wood

Fireplaces Number 1

Fireplaces Type Brick, Wood Burning

Window Features Dual Pane Partial

Appliance Free Standing Gas Range, Free Standing Refrigerator, Hood Over Range, Dishwasher, Free Standing Gas Oven

Laundry Inside Room

Exterior

Exterior Feature Fire Pit

Parking Features RV Access, Uncovered Parking Spaces 2+

Utilities Available Electric, Sewer In & Connected, Natural Gas Connected

View Forest, Woods

Roof Type Composition

Topography Lot Grade Varies

Street Surface Asphalt

Porch Front Porch

Private Pool No

Building

Lot Description Dead End, Landscape Back, Landscape Front, Landscape Misc

Story 2

Foundation Raised, Slab

Sewer Public Sewer

Water Public

Architectural Style Craftsman

Level or Stories Two

Schools

Elementary Schools Newcastle Elementary

Middle Schools Newcastle Elementary

High Schools Placer Union High

School District Placer

Others

Senior Community No

Tax ID 040-140-016-000

Special Listing Condition Other

Virtual Tour https://youtu.be/g7ULGm-JT_o

Listed by Future Homes and Real Estate

Nearby Locations

+1(916) 975-2700

listings@guiderealestate.com

1610 R Street, Sacramento, California, 95811, United States

320 Taylor RD Newcastle, CA 95658