3251 24th Avenue

Sacramento, CA 95820

  • 0 Bed(s)
  • 0 Bath(s)
  • 1,301 Sqft
  • 6098
    Sqft(Lot)
$499,500

Description

Investor opportunity - 2 homes on one lot with potential room for expansion and a 8.4% cap rate located in sacramento, this prime investment opportunity features 2 homes on one lot with potential to add another adu. the front house being paired with the new adu offers immediate rental income. with the flexibility to potentially build another unit, this property is perfect for investors looking to maximize returns in an area with high rental demands. both homes are move-in ready, making this a great option for investors or multi-generational living, the spacious lot offers ample room for further development, giving the buyers the chance to increase the properties value even more. with an estimated annual rental income of $42,000 and a strong 8.4% cap rate, this property provides excellent value for investors.both homes are move-in ready, and the spacious lot offers ample room for further development, giving buyers the chance to increase the property's value even more. whether you plan to rent all units or occupy one and rent the others, this property offers growth potential and versatility for savvy buyers. priced to sell, and with easy access to local amenities, this property won't last long! act now to schedule your viewing and seize this exceptional opportunity.

  • Property Type

    Residential Income

  • County

    Sacramento

  • Style

    Residential Income

  • AD ID

    47452855

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Composition

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Floor Furnace
    • Has Heating

  • Building Information

    • Year Built: 1939
    • Building Area Total: 1,301
    • Roof: Composition

    Foundation

    • Concrete Perimeter,Slab

    Accessibility Features

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.14
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 6098

  • Listing Price Information

    • Original List Price: 499,500
    • Listing Contract Date: 2024-10-25

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 02200120290000
    • Annual Tax: 3900

  • Garage and Parking

    • Garage Description: Off Street,Uncovered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 699 - Not Defined
    • Directions: Take highway 80 to 99 exit 12th Avenue.Turn right, go to the first stop Light Turn left at the light onto franklin, follow to 24th on yout left. Cross Street: Franklin Ave
    • Zoning: R-1
    • Source Property Type: Residential Income
    • Area: 699 - Not Defined
    • Property SubType: Mixed Use

    Building and Construction

    • Property Age: 85
    • Structure Type: Mixed Use
    • Year Built Source: Assessor
    • Total Square Feet Living: 1301
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BuyOwner last updated this listing 11/23/2024 @ 04:44

  • MLS: ML81984916
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 1,301 sqft, 6,098 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Sacramento , in zip code 95820, this Sacramento County Home are nearby neighborhoods.