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Corinne Bridgewater

corinne@cooperhomesales.com +1(916) 235-3592

$ 849,000

Est. payment | -/mo

1,784 SqFt

Save

$ 849,000

Est. payment | -/mo

Save

1,784 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,784 sqft

Price per Sqft $475

MLS Listing ID 226090308

HOA Y/N No

Year Built 1986

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 40x76x39x76

Property Sub-Type Duplex

Source MLS Metrolist

Property Description

Rare 1986-Built Midtown Duplex Turnkey Investment Producing $5,300 Per Month! Appraisal in April came in at $920,000 market approach and $927,500 income approach. Beautifully updated duplex offering the advantages of newer construction in a central Sacramento location where many comparable properties were built decades earlier. Featuring one townhouse-style 2-bedroom unit and one upper-level 2-bedroom flat, both residences have been updated with shaker cabinetry, solid surface countertops, stainless steel appliances, remodeled bathrooms, luxury vinyl plank flooring, dual-pane windows, fireplaces, private laundry, attached one-car garages, and private fenced outdoor spaces. Current rents of $2,800 and $2,500 per month generate $5,300 monthly ($63,600 annually) with a GRM of approximately 13.34. Additional features include newer HVAC systems.

Location

State CA

County Sacramento

Area 10818

Direction From Highway 50, take the 16th Street exit toward Downtown/Midtown. Continue south on 16th Street, turn left on V Street, and proceed to the property located between 18th and 19th Streets. Convenient street parking is available nearby.

Rooms

Other Rooms Unit-1 Type: Apartment Approx SqFt: 936 Bedrooms: 2 Full Baths: 2 Total Rooms: 4 Occupancy: Tenant Rent: 2800 SqFt Source: Not Measured Unit-2 Type: Flat Approx SqFt: 750 Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 2500 SqFt Source: Not Measured

Interior

Heating Central, Fireplace(s)

Cooling Ceiling Fan(s), Central

Flooring Carpet, Tile, Linoleum

Window Features Dual Pane Full,Window Coverings,Window Screens

Appliance Built-In Electric Range, Free Standing Refrigerator, Dishwasher, Plumbed For Ice Maker

Laundry Washer/Dryer Owned, Washer/Dryer Hookups

Exterior

Exterior Feature Fenced Yard, Yard Space

Parking Features Offsite, Garage

Garage Spaces 2.0

Utilities Available City, Electric, Natural Gas Connected

Water Access Desc Meter on Site,Public

View City

Roof Type Composition

Topography Level

Building

Lot Description Shape Regular

Story 2

Foundation Slab

Sewer Public Sewer

Water Meter on Site, Public

Architectural Style Contemporary

Level or Stories Two

Schools

Elementary Schools Sacramento Unified

Middle Schools Sacramento Unified

High Schools Sacramento Unified

School District Sacramento

Others

Senior Community No

Tax ID 010-0092-016-0000

Special Listing Condition None

Listed by LPT Realty, Inc

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(916) 235-3592

corinne@cooperhomesales.com

Learn More About LPT Realty

1805 V ST Sacramento, CA 95818