Overview
About This Listing
Investment opportunity featuring **two duplex buildings (4 units total)** situated on a large 1/3-acre lot adjacent to Ellis Lake with direct access from the property. Each unit offers a spacious 2-bedroom, 1-bath floor plan with in-unit washer and dryer. The oversized lot offers future development potential, with room that may accommodate additional units, such as an ADU or duplex ADU, subject to buyer verification of zoning, approvals, and development standards. New roofs have just been completed, providing added value and reducing near-term capital expenses. Current gross annual rents are **$67,200** ($1,400 per unit), producing an approximate 6.5% cap rate based on current operating history. Photos were taken prior to the current tenants moving in. Shown by appointment only. Please do not disturb tenants.
Map Location
Walk Score
Contact Agent
Request a Tour
7516 Gallant Circle, Citrus Heights, CA 95621
-
Source:
Listed by: GBR Real Estate & Inv. Co. -
Details
$675,000(Negotiable)
1166 B Street, Yuba City, CA 95991
-
Source:
Listed by: Sutter Equities -
Details
$7,995,000(Negotiable)
3924 Ivy Street, Sacramento, CA 95838
-
Source:
Listed by: RE/MAX Gold -
Details
$695,000(Negotiable)
