Property Details
About this Property
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.
MLS Listing Information
MLS #
ML81984916
MLS Source
MLSListings, Inc.
Days on Site
27
Interior Features
Appliances
Washer/Dryer - Some Units
Cooling
Ceiling Fan, Window/Wall Unit
Heating
Floor Furnace, Other
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter, Slab
Parking, School, and Other Information
Garage/Parking
Common Parking Area, Off-Street Parking, On Street, Garage: 0 Car(s)
Elementary District
Sacramento City Unified
High School District
Sacramento City Unified
Sewer
Public Sewer
Water
Public
Zoning
R-1
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 1 | – |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 762 | 2 | 1/0 | $2,000 |
| 2 | 538 | 1 | 1/0 | $1,500 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
3251 24th Ave is a Residential Income in Sacramento, CA 95820. This 1,301 square foot property sits on a 6,098 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $499,500 and was built in 1939. This address can also be written as 3251 24th Ave, Sacramento, CA 95820.
©2024 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of October 26, 2024. For the most current information, please contact Darlene Tucker, (916) 412-1006
