Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,940 sqft

Price per Sqft $309

MLS Listing ID ML82052313

HOA Y/N No

Year Built 1974

Lot Size 8,712 Sqft

Property Sub-Type Duplex

Source Datashare MLSListings

Property Description

Favorable financing lower than conventional, No PMI and a very low downpayment of 3-5%. Prime Income-Generating Rental Property in Sacramento/Citrus Heights. Great duplex opportunity. 1 unit is 2 bedrooms 2 full baths and 1 car garage. Other unit is 2-1-1. Discover a rare chance to own a fully leased, duplex cash-flowing rental property in a thriving neighborhood with strong tenant demand in Sacramento/Citrus Heights! The fully rented duplex offers immediate cash flow upside by updating cosmetics to bring the low rent to market rate. It also has huge upside potential due to the large lot's development potential for future improvements and increased rental income (See List Pic). With stable tenancy already in place, this property is ideal for investors seeking a performing asset with built-in equity growth potential. The two units are currently managed by a local professional property management company and are tenant-occupied. Conveniently located minutes from shopping and dining, with easy access to highways. For comps, checkout recent sale in the area with small square footage and lot at 6409 Mauana Way, Citrus Heights, CA 95610.

Location

State CA

County Sacramento

Interior

Heating Other

Cooling Central Air

Fireplace No

Building

Lot Description Rectangular Lot

Schools

School District San Juan Unified, San Juan Unified

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