Seller is buying the Buyer's rate down by 2% for 30 years, and paying all of the Buyer's customary closing costs for this brand-new duplex (saving $100's per month and $100,000's over the loan life). The seller is currently completing a lot split, then will begin construction on this alley-access, brand-new construction duplex, in one Sacramento's most charming older neighborhoods! Each unit boasts 800 sq.ft, of spacious and open living, with 2 bedrooms, 2 full bathrooms, indoor laundry, outdoor space and parking. The stylish interiors showcase contemporary finishes and high-end amenities creating a perfect place for relaxation and entertainment. Stroll along Elmhurst's historic tree-lined T Street Corridor with nearby restaurants, coffee houses, shopping, parks, light-rail, bike lanes, plus easy access to all major freeways. Estimated completion is summer of 2025, and you might be able to choose some of the design elements. This is a great opportunity for an investor; or for an owner who wants to live in one unit and have a rental income from the other. If an owner lives in one of the units, the city allows full time Airbnb in the other, and you may be able to create 2 condos to sale separately after the close of escrow *** (**must use Seller's Lender) (***Buyer to verify).
Property Type :
ResidentialIncome
County :
Sacramento
Style :
ResidentialIncome
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ByOwner last updated this listing 06/14/2024 @ 05:11
MLS: 224049935
LISTED BY: Luis Sumpter, Better Homes and Gardens RE
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.
