2021 Marconi Avenue, Sacramento, California, United States, 95821
330,000
for Sale
3
3
7,405
About the property:
Cash/private money ONLY, property needs complete remodel, INVESTOR SPECIAL - TWO-UNITS INCOME PROPERTY! Zoning C-2, business mix use or residential, Bring Your Tools, Vision & Creativity! Incredible opportunity for investors, contractors, savvy buyers looking to add value and maximize rental income. This unique property features two separate residential units, a long driveway with RV parking potential, and a huge detached shop/storage shed in the backyard. Highlights: Front Unit: Spacious 3-4 beds, 1 bath. Potential rental income approx $2,500/month. Back Unit: Two-story living space featuring 2 beds and 2 baths. Potential rental income of approx $1,500/month. Huge Backyard Shop/Shed: Excellent additional storage, workshop, or hobby space. Long Driveway: Plenty of parking RV-friendly potential. Two Income-Producing Units: Multiple rental income opportunities on one property. THE INVESTMENT POTENTIAL With remodeling and improvements, the projected combined rental income approx $4,000/month ($48,000/year). At an asking price of $330,000, consider the potential Asking Price: $330,000, Projected Annual Gross Rent: $48,000 Projected Gross Rental Yield: 14.55%, Potential Value at a 10% Gross Rental Yield: $480,000, potential upside value $150,000 still have 10% return after that. Bring Your Contractor and Explore the Possibilities! Whether you're looking for a fix-and-rent opportunity, a multi-unit investment, or a property with room to add value, this is an opportunity worth investigating. Priced at $330,000 - Don't Miss This Investor Opportunity!
- Property Type:
- 2 Houses on Lot
- Status:
- for Sale
- House Style:
- Other
- Bedrooms:
- 3
- Bathrooms:
- 3
- Full Bathrooms:
- 3
- Acres:
- 0.17
- Square Feet:
- 1675
- Area:
- 10821
- Central A/C:
- Yes
- Central A C Details:
- Central
- Water:
- Public
- Fireplace:
- Brick
- Heating:
- Central
- Sewer:
- Public Sewer
- Cross Street:
- Howe Ave
- Directions:
- Exit HWY80 exit eastbound on Marconi Ave property be on your sharp left.
- Association Fee:
- 0
- Is Fireplace:
- Yes
- Is Investment:
- Yes
- Is Workshop:
- Yes
- Listing ID:
- 226123711
Rooms
Dimensions
Brokered by:
Homesmart Icare Realty
Presented By:
Presented By: