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Garrick Yan

garrick@garrickyan.com +1(510) 999-8008

$ 330,000

Est. payment -/mo

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2021 Marconi AVE Sacramento, CA 95821

3 Beds

3 Baths

1,675 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 Houses on Lot

Listing Status Active

Purchase Type For Sale

Square Footage 1,675 sqft

Price per Sqft $197

MLS Listing ID 226123711

Bedrooms 3

Full Baths 3

HOA Y/N No

Year Built 1936

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type 2 Houses on Lot

Source MLS Metrolist

Property Description

INVESTOR SPECIAL - TWO-UNITS INCOME PROPERTY! Zoning C-2, business mix use or residential, Bring Your Tools, Vision & Creativity! Incredible opportunity for investors, contractors, savvy buyers looking to add value and maximize rental income. This unique property features two separate residential units, a long driveway with RV parking potential, and a huge detached shop/storage shed in the backyard. Property Highlights: Front Unit: Spacious 3-4 bedS, 1 bath. Potential rental income of approximately $2,500/month. Back Unit: Two-story living space featuring 2 bedrooms and 2 bathrooms. Potential rental income of approximately $1,500/month. Huge Backyard Shop/Shed: Excellent additional storage, workshop, or hobby space. Long Driveway: Plenty of parking with RV-friendly potential. Two Income-Producing Units: Multiple rental income opportunities on one property. THE INVESTMENT POTENTIAL With remodeling and improvements, the projected combined rental income could reach approximately $4,000/month ($48,000/year). At an asking price of $330,000, consider the potential Asking Price: $330,000, Projected Annual Gross Rent: $48,000 Projected Gross Rental Yield: 14.55%, Potential Value at a 10% Gross Rental Yield: $480,000, potential upside value $150,000 still have 10% return after that. Bring Your Contractor and Explore the Possibilities! Whether you're looking for a fix-and-rent opportunity, a multi-unit investment, or a property with room to add value, this is an opportunity worth investigating. Priced at $330,000 - Don't Miss This Investor Opportunity!

Location

State CA

County Sacramento

Area 10821

Direction Exit HWY80 exit eastbound on Marconi Ave property be on your sharp left.

Rooms

Guest Accommodations Yes

Living Room Other

Dining Room Dining/Family Combo

Kitchen Wood Counter

Interior

Heating Central

Cooling Central

Flooring Laminate

Fireplaces Number 1

Fireplaces Type Brick

Laundry In Basement, None, In Kitchen

Exterior

Parking Features No Garage

Garage Spaces 1.0

Utilities Available Sewer In & Connected

Roof Type Shingle

Private Pool No

Building

Lot Description Other

Story 1

Foundation Other, Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools Sacramento Unified

Middle Schools Sacramento Unified

High Schools Sacramento Unified

School District Sacramento

Others

Senior Community No

Tax ID 266-0170-037-0000

Special Listing Condition None

Listed by HomeSmart ICARE Realty

Nearby School & Business

Garrick Yan

Team Leader CA BRE #01916102

+1(510) 999-8008

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