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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.
Last Updated | 10/25/2024 | Year Built | 1939 |
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Community | Not Defined | County | Sacramento |
SCHOOLS
School District | Sacramento City Unified |
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Additional Details
AIR | Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
AREA | Not Defined |
GARAGE | Off Street, Uncovered |
HEAT | Floor Furnace |
LOT | 6098 sq ft |
PARKING | Off Street,Uncovered |
SEWER | Public Sewer |
STORIES | 1 |
TAXES | 3900 |
WATER | Public |
ZONING | R-1 |
Location
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