$557,000
$520,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Sacramento, CA 95825
2,116 SqFt
Key Details
Sold Price $557,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,116 sqft
Price per Sqft $263
MLS Listing ID ML81878525
Year Built 1977
Annual Tax Amount $4,159
Lot Size 5,662 Sqft
Property Sub-Type Duplex
Property Description
Excellent cash flow investment opportunity. This well cared duplex is centrally located in Arden Arcade with large 2 bed, 2 bath, 1-car garage in each unit. Close to schools, parks, shopping, restaurants, minutes from the Arden Fair shopping area, Cal Expo, Sac State and More. Re-roof the flat roof in 2019 with energy efficient commercial TPO, new skylights, gutters and downspouts. Central Heat and Air, Dual Pane Windows. Laundry hook-ups in garage. Attached garage. Private fenced backyard. In 2310 Hurley, new commercial-grade luxury vinyl planks flooring and new baseboard throughout. PLEASE DO NOT DISTURB THE TENANTS. Both units are rented. Total annual rents are $36,420. Tenants pay electricity. Landlord pays water to American Water and Trash & Sewer to Sacramento County Utility. GRM is 14.28 and 5.5% Cap Rate. Rents are below market. Similar units in the neighborhood recently rented for $2,000+ per month. Seller is a licensed real estate agent.
Location
State CA
County Sacramento
Area 699 - Not Defined
Zoning RD-30
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Tile
Exterior
Parking Features Off Street
Garage Spaces 2.0
Garage Description 2.0
Roof Type Flat,Shingle
Building
Story 1
Foundation Slab
Schools
School District Other
Others
Special Listing Condition Standard
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Bought with Stanislav Yevtushenko
