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About This Listing
Opportunity Knocks on this vibrant Oak Park Duplex. Both units are 2bedrooms and 1bath. Both units were renovated in 2021. Both units feature wood laminate flooring, granite countertops, stainless steel kitchen sinks, and new kitchen cabinets with gas stoves. Updated bathrooms with a solid surface shower surround upstairs, tile shower surround downstairs, & updated vanities with granite counter tops in the downstairs bathroom. There is central heating and air upstairs and, wall-mounted heat and air conditioning downstairs. The current rent downstairs is $1500 per month and the rent upstairs is $1600 per month. Total monthly income is $3,100 with an annual Proforma income of $37,200 and a GRM of 13.30 with plenty of upside potential on rents. Rentometer Pro Suggests market rents of $2076 per unit at market rents the GRM would be 9.93! this duplex is located in one of the hottest neighborhoods in Sacramento with new development all around it and located close to Downtown, local hospitals, and many other lifestyle amenities. According to the owner the c-1 zoning would allow a business to operate downstairs with living space upstairs.
Map Location
Walk Score
1514 E St , Sacramento, CA 95814
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Source:Listed by: Garner Real Estate
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Details
$968,000(Negotiable)
400 Pleasant St , Roseville, CA 95678
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Source:Listed by: Compass
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Details
$625,000(Negotiable)
1261 42nd Avenue, Sacramento, CA 95822
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Source:Listed by: LGL Properties, Inc.
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Details
$759,000(Negotiable)