WOW!!!! Here's your incredible opportunity. Right on the corner of Humboldt and Arthur that leads right into UCD. Very spacious 3 bedroom 2 bath on each side with nice size backyards. 1703 side has a nice area of Astro turf and stays beautifully green all year long. High sloping ceilings with beautiful wooden beams and lots of big skylights to flood the home with light. Each home has a two car garage and a nice laundry room and closet. Both homes will have a Clear City of Davis Resale report and a Clear Pest Inspection. Please cover or remove shoes at 1703.Ok everyone wants to know why are the rents so low. Well this is the classic story of the little old Lady that owned some real estate and every year when the property manager told her she could raise the rents she would say no I don't want to hurt them and I only want what I need. Eventually she came up a little but not even close to market rent. Tenants pay until August 29,2024 $1575 a month but a new owner does not have any restrictions on raising the rent to what it should be at least $2900-$3100 a month. Will have clear city and pest. Be the smart one, get the property now with only 2 maybe 3 months of low rent and then. Finally Fair market rent again for the buyer.
Property Type :
ResidentialIncome
County :
Yolo
Style :
ResidentialIncome
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ByOwner last updated this listing 06/17/2024 @ 14:53
MLS: 224051954
LISTED BY: David Miller, RE/MAX Gold, Good Home Group
SOURCE: MLS Metrolist
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
