3251 24th Avenue
Sacramento, CA 95820
1301 sqft | 0.14 acres | #ML81984916
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.
Property Details
- Stories1
Measurements
- Acres0.14
- Square Feet1301
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1939
Material information
- FoundationConcretePerimeter, Slab
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- School DistrictSacramento City Unified
- CountySacramento
Financial Details
- Original List Price$499,500
- Taxes Annual$3,900
Other
- MLS #ML81984916
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Darlene Tucker (#ML5092969)
Listing Office: Multisource (#ML27951)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
