$606,000
$612,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
7,405 Acres Lot
SOLD DATE : 07/02/2024
Key Details
Sold Price $606,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 224051383
Sold Date 07/02/24
HOA Y/N No
Year Built 1964
Lot Size 7405.000 Acres
Acres 0.17
Lot Dimensions 113x67x122x51x17
Property Sub-Type Duplex
Source MLS Metrolist
Property Description
Opportunity Knocks! Hard to find duplex with 2- 3 bedroom 1 bath units. Stucco Exterior and dual pane windows, Central heat and Air. Tile and Laminate flooring, Some recent updating, but some cosmetic repairs still need to be done and probably an exterior paint job. The Seller is offering a 2% closing cost repair credit which is approximately $12,000 That should go a long way towards buttoning this Duplex up. Currently this properties rents total $49,680 with a GRM of 12.31. One side is rented for $2,300 under section #8 and the other is currently rented for $1800. SHRA's (section #8) rent standard for a 3 bedroom in this Zip Code is $2680 per month so there is still a huge upside potential in bringing rents up.
Location
State CA
County Sacramento
Area 10838
Direction From How 80 take Norwood then Right onto Silver Eagle and then left onto Maple.
Rooms
Other Rooms Unit-1 Type: Apartment Approx SqFt: 1015 Bedrooms: 3 Full Baths: 1 Total Rooms: 5 Occupancy: Tenant Rent: 2300 SqFt Source: Tax Record Unit-2 Type: Apartment Approx SqFt: 1015 Bedrooms: 3 Full Baths: 1 Occupancy: Tenant Rent: 1800 SqFt Source: Tax Record
Interior
Heating Central
Cooling Central
Flooring Tile, Vinyl, Varies by Unit
Window Features Dual Pane Full
Appliance Built-In Electric Oven, Dishwasher, Disposal
Laundry Washer/Dryer Hookups
Exterior
Exterior Feature Fenced Yard
Parking Features Garage
Garage Spaces 2.0
Utilities Available Natural Gas Connected, Electric
Water Access Desc Public
View City
Roof Type Composition
Topography Level
Total Parking Spaces 4
Building
Lot Description Curbs/Gutters
Story 1
Foundation Slab
Sewer In & Connected
Water Public
Architectural Style Ranch
Level or Stories One
Schools
Elementary Schools Twin Rivers Unified
Middle Schools Twin Rivers Unified
High Schools Twin Rivers Unified
School District Sacramento
Others
Senior Community No
Tax ID 250-0321-020-0000
Special Listing Condition Offer As Is
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