3251 24th AVE Active Save Request In-Person Tour Request Virtual Tour
Sacramento,CA 95820
Key Details
Property Type Multi-Family
Sub Type Multiple Dwellings / Structures
Listing Status Active
Purchase Type For Sale
Square Footage 1,301 sqft
Price per Sqft $383
MLS Listing ID ML81984916
Bedrooms 3
Full Baths 2
Year Built 1939
Lot Size 6,098 Sqft
Property Description
Investor Opportunity - 2 Homes on One Lot With potential Room For Expansion and a 8.4% CAP RATE Located in Sacramento, this prime investment opportunity features 2 homes on one lot with potential to add another ADU. The front house being paired with the new ADU offers immediate rental income. With the flexibility to potentially build another unit, this property is perfect for investors looking to maximize returns in an area with high rental demands. Both homes are move-in ready, making this a great option for investors or multi-generational living, The spacious lot offers ample room for further development, giving the buyers the chance to increase the properties value even more. With an estimated annual rental income of $42,000 and a strong 8.4% cap RATE, this property provides excellent value for investors.Both homes are move-in ready, and the spacious lot offers ample room for further development, giving buyers the chance to increase the property's value even more. Whether you plan to rent all units or occupy one and rent the others, this property offers growth potential and versatility for savvy buyers. Priced to sell, and with easy access to local amenities, this property won't last long! Act now to schedule your viewing and seize this exceptional opportunity.
Location
State CA
County Sacramento
Area Sacramento Elder Creek/Fruitridge - 10820
Zoning R-1
Interior
Heating Floor Furnace ,Other
Cooling Ceiling Fan,Window / Wall Unit
Laundry Washer/Dryer - Some Units
Exterior
Garage Common Parking Area,Off-Street Parking,On Street,Uncovered Parking
Utilities Available Public Utilities
Roof Type Composition
Building
Story 1
Foundation Concrete Perimeter,Concrete Slab
Sewer Sewer - Public,Sewer Connected
Water Public
Others
Special Listing Condition Not Applicable