2 bedroom house for sale
Sacramento CA 95821
- Property Type
- House
- Price
- $369,000
- Beds
- 2
- Baths
- 1
Overview
INVESTOR'S FANTASY An exceptional opportunity emerges to acquire property lining Marconi Ave with C-2 Commercial zoning, boasting the potential for subsequent commercial development. There is also the potential to enhance rental income upto $250, 000 by adding Additional Dwelling Units (ADUs) on each lot, leveraging the CalHFA grant of up to $40, 000 for ADU pre-development. This portfolio is strategically situated within the Opportunity Zone - tax deferral program for capital gain and enjoys a substantial average daily traffic (ADT) of 26, 926 vehicles along Marconi Ave. In reference to other listings, the portfolio encompasses 8 residential units(4 SFR, 2 DUPLEXES) dispersed across 6 lots. These properties are identified as 2117, 2121, 2125, 2129, 2133, 2137 Marconi Avenue, Sacramento. The portfolio generates income through the rental of 1 Commercial Sign Board. Altogether, these properties, including the Sign Board, yield a gross rental income of $150, 000.00. Refer to the attached offering memorandum.
Details
- Beds: 2
- Baths: 1
- Price: $369,000
- Reference No.: 69359558
- Area: 1,098 sqft
Location
Sacramento CA 95821
2 bedroom house for saleRelated Properties
Disclaimer
2024-03-13, Viewed 1 times.
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-03-13, Viewed 1 times.
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