$557,000
$520,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
2,116 SqFt
SOLD DATE : 04/21/2022
Key Details
Sold Price $557,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,116 sqft
Price per Sqft $263
MLS Listing ID ML81878525
Sold Date 04/21/22
HOA Y/N No
Year Built 1977
Annual Tax Amount $4,159
Lot Size 5,662 Sqft
Property Sub-Type Duplex
Property Description
Excellent cash flow investment opportunity. This well cared duplex is centrally located in Arden Arcade with large 2 bed, 2 bath, 1-car garage in each unit. Close to schools, parks, shopping, restaurants, minutes from the Arden Fair shopping area, Cal Expo, Sac State and More. Re-roof the flat roof in 2019 with energy efficient commercial TPO, new skylights, gutters and downspouts. Central Heat and Air, Dual Pane Windows. Laundry hook-ups in garage. Attached garage. Private fenced backyard. In 2310 Hurley, new commercial-grade luxury vinyl planks flooring and new baseboard throughout. PLEASE DO NOT DISTURB THE TENANTS. Both units are rented. Total annual rents are $36,420. Tenants pay electricity. Landlord pays water to American Water and Trash & Sewer to Sacramento County Utility. GRM is 14.28 and 5.5% Cap Rate. Rents are below market. Similar units in the neighborhood recently rented for $2,000+ per month. Seller is a licensed real estate agent.
Location
State CA
County Sacramento
Area 699 - Not Defined
Zoning RD-30
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Tile
Fireplace No
Appliance Dishwasher, Disposal, Vented Exhaust Fan
Exterior
Parking Features Off Street
Garage Spaces 2.0
Garage Description 2.0
Roof Type Flat,Shingle
Accessibility Parking
Total Parking Spaces 2
Building
Story 1
Foundation Slab
Schools
School District Other
Others
Tax ID 28501810510000
Financing Conventional
Special Listing Condition Standard
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