FHA Appraisal at $395K!! NOW PRICED $15k LESS THAN THE APPRAISED VALUE!!! Triplex with two long term tenants in one building each with 1 bed/1 bath and one detached unit with 3 bedrooms and 2 bathrooms. Live in the main unit and lease out the other two or lease them all out! The main unit has central heat and air and has been updated within the past 10 years with granite counters and newer cabinets. Plus OWNED SOLAR!!! Estimated rents are $1350-$1450 for the 3/2 and $850-$950 for the two 1/1 units. Current tenants are paying less than market rents so there is plenty of room to increase rents and improve the income potential. The property also has a large back yard which could be used to build a garage or increase storage. There is also a possibility of adding an additional unit (check with the county). Great location with easy access to light rail, I-5 and 99. Only minutes to Downtown Sacramento as well as Kaiser and UCD.
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2020 MetroList Services, Inc.
Listings marked with V* indicate the seller is willing to entertain offers within a Listing Price range. For example, a Price of $140,000-$170,000 indicates the seller will entertain offers from $140,000 to $170,000.
Listing information last updated on April 6th, 2020 at 8:07pm PDT.