2021 Marconi AVE, Sacramento, CA 95821
2021 Marconi AVE, Sacramento, CA 95821
2021 Marconi AVE, Sacramento, CA 95821
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Lance McHan

Lance McHan

+1(209) 279-2235
$309,999
Est. payment /mo
1,675 SqFt
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,675 sqft

Price per Sqft $185

MLS Listing ID 226124158

HOA Y/N No

Year Built 1936

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Duplex

Source MLS Metrolist

Property Description

Cash/private money ONLY, property needs complete remodel, 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. Highlights: Front Unit: Spacious 3-4 beds, 1 bath. Potential rental income approx $2,500/month. Back Unit: Two-story living space featuring 2 beds and 2 baths. Potential rental income of approx $1,500/month. Huge Backyard Shop/Shed: Excellent additional storage, workshop, or hobby space. Long Driveway: Plenty of parking 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 approx $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

Other Rooms Unit-1 Bedrooms: 3 Full Baths: 1 Total Rooms: 3 Rent: 2500 Unit-2 Bedrooms: 2 Full Baths: 2 Rent: 1500

Interior

Heating Central

Cooling Central

Flooring Laminate

Laundry Washer/Dryer Hookups

Exterior

Parking Features Open

Garage Spaces 1.0

Utilities Available Sewer Connected

Water Access Desc Water District

Total Parking Spaces 1

Building

Lot Description None

Story 1

Foundation Combination, Concrete, Raised

Sewer Septic Connected

Water Water District

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 Offer As Is, None

Virtual Tour https://youtube.com/shorts/TTtix2Pz0cQ?si=TbUy2a0sesY4T9-X

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MetroList® Services, Inc
Listed by HomeSmart ICARE Realty

Nearby School & Business

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Lance McHan

Lance McHan

+1(209) 279-2235

Broker Associate License ID: 01987449

Broker Associate License ID: 01987449

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