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Listed by Rick Chehab • American West Properties
$ 599,900
Est. payment | /mo
1,940 SqFt
$ 599,900
Est. payment | /mo
1,940 SqFt
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
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 sold for
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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Paul LeJoy
Broker-Owner | Lic# 01467744