3251 24Th Avenue, Sacramento, CA 95820
-
Listed Price :
$499,500
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Beds :
N/A
-
Baths :
-
Property Size :
1,301 sqft
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Year Built :
1939
Property Description
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.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Interior Information |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
3251 24Th Avenue |
| City |
Sacramento |
| State |
CA |
| Zip |
95820 |
| County |
Sacramento |
| Listing Agent |
Darlene Tucker DRE #01343442 |
| Courtesy Of |
Multisource |
| List Price |
$499,500 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Mixed Use |
| Structure Size |
1,301 |
| Lot Size |
6,098 |
| Year Built |
1939 |
Listing information courtesy of: Darlene Tucker, Multisource. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 26th, 2024 at 5:37 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
