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Marconi Avenue

Sacramento, CA 95821

$330,000 $1,391/Mo

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Overview

Bed

Bath

1,675

Sqft

Description

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 pote ntial. 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 Details

Property Type : Residential

Price : $330,000

AD Id : 91666471

MLS Id : 226123711

Beds : 3

Living Area Size : 1,675 Sq. Ft

Year Built : 1936

County : Sacramento

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 1 Full Baths: 1

Water/Sewer

Sewer: Public Sewer

Room Information

Total Bedroom: 3
Flooring Information

Laminate
Roofing Information

Shingle
Interior Features

Roof: Shingle Laundry Features: In Basement, None, In Kitchen
Heating & Cooling

Heating: Central Cooling: Central WaterSource: Public
Fireplace

Number of Fireplaces: 1 Fireplace Features: 1

Building Information

Year Built: 1936 Construction Materials: Frame Roof: Shingle Foundation Details: Other, Slab
Exterior Features

Foundation Details: Other, Slab
Laundry Features

In Basement, None, In Kitchen

Lot Information

Lot Description: Other Lot Square Feet: 7,405 Stories: 1 Main Square Feet: 1,675

Property Information

Property Type: Residential Sub Type: 2 Houses on Lot SQ ft (Living Area): 1,675 Construction Materials: Frame Property Age: 90 Cross Street: Howe Ave Source Neighborhood: 10821 Postal Code Plus 4: 1503 Area: Sacramento S: 95821 Zoning: C-2 - GENERAL COMMERCIAL Living Area Source: Assessor Auto-Fill Structure Type: Attached

Farm Info

Irrigation Source: Public District

Listing Price Information

Listing Id: 226123711 List Price: $330,000 List Price Tot SqFt: $197

Tax Information

Parcel Number: 266-0170-037-0000

Parking Information

# of Garage Spaces: 1 No Garage

Elementary School District: Sacramento Unified

Junior High School District: Sacramento Unified

Senior High School District: Sacramento Unified
Utility Information

Sewer In & Connected Electric: 220 Volts
Location Information

Direction: Exit HWY80 exit eastbound on Marconi Ave property be on your sharp left.

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