1,784 SqFt
3,049 Lot Size
1986 Year Built

Rare 1986-Built Midtown Duplex Turnkey Investment Producing $5,300 Per Month! Appraisal in April came in at $920,000 market approach and $927,500 income approach. Beautifully updated duplex offering the advantages of newer construction in a central Sacramento location where many comparable properties were built decades earlier. Featuring one townhouse-style 2-bedroom unit and one upper-level 2-bedroom flat, both residences have been updated with shaker cabinetry, solid surface countertops, stainless steel appliances, remodeled bathrooms, luxury vinyl plank flooring, dual-pane windows, fireplaces, private laundry, attached one-car garages, and private fenced outdoor spaces. Current rents of $2,800 and $2,500 per month generate $5,300 monthly ($63,600 annually) with a GRM of approximately 13.34. Additional features include newer HVAC systems.

Listed by LPT Realty, Inc

GALLERY

PROPERTY DETAIL

Key Details

Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1, 784 sqft
Price per Sqft $475
MLS Listing ID 226090308
HOA Y/N No
Year Built 1986
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 40x76x39x76
Property Sub-Type Duplex
Source MLS Metrolist
Location

State CA
County Sacramento
Area 10818
Direction From Highway 50, take the 16th Street exit toward Downtown/Midtown. Continue south on 16th Street, turn left on V Street, and proceed to the property located between 18th and 19th Streets. Convenient street parking is available nearby.
Rooms

Other Rooms Unit-1 Type: Apartment Approx SqFt: 936 Bedrooms: 2 Full Baths: 1 Partial Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 2800 SqFt Source: Not Measured Unit-2 Type: Flat Approx SqFt: 750 Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 2500 SqFt Source: Not Measured
Building

Lot Description Shape Regular
Story 2
Foundation Slab
Sewer Public Sewer
Water Meter on Site, Public
Architectural Style Contemporary
Level or Stories Two

Interior

Heating Central, Fireplace(s)
Cooling Ceiling Fan(s), Central
Flooring Carpet, Tile, Linoleum
Window Features Dual Pane Full,Window Coverings,Window Screens
Appliance Built-In Electric Range, Free Standing Refrigerator, Dishwasher, Plumbed For Ice Maker
Laundry Washer/Dryer Owned, Washer/Dryer Hookups
Exterior

Exterior Feature Fenced Yard, Yard Space
Parking Features Offsite, Garage
Garage Spaces 2.0
Utilities Available City, Electric, Natural Gas Connected
Water Access Desc Meter on Site,Public
View City
Roof Type Composition
Topography Level
Schools

Elementary Schools Sacramento Unified
Middle Schools Sacramento Unified
High Schools Sacramento Unified
School District Sacramento
Others

Senior Community No
Tax ID 010-0092-016-0000
Special Listing Condition None