$725,000
$737,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
6,525 Sqft Lot
SOLD DATE : 04/10/2024
Key Details
Sold Price $725,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 224014185
Sold Date 04/10/24
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1979
Lot Size 6,525 Sqft
Acres 0.1498
Property Description
FULLY OCCUPIED!! Introducing a prime investment opportunity! This triplex has undergone a recent ADU conversion, offering substantial income potential for savvy investors with a market value of $6,800 monthly rent income. The addition of an Accessory Dwelling Unit enhances the property's value and rental income potential with a market value of $1,800. Currently, 2 of 3 units are rented with a total monthly income of $3,715. Fully renovated ADU with new features such vinyl laminate floors, quartz countertops, fresh white modern kitchen and bathroom cabinets, and more. Each unit is crafted for contemporary lifestyles, featuring individual laundry facilities, thereby enhancing its desirability among renters. Whether you're an experienced investor or new to the market, this property promises lucrative returns. Don't miss out on the chance to capitalize on this excellent investment prospect!
Location
State CA
County Sacramento
Area 10660
Direction From Madison Ave, turn left onto Harrison St, turn right onto Renick Way
Interior
Heating Central, Varies by Unit
Cooling Central, Wall Unit(s), Window Unit(s), Varies by Unit
Flooring Tile, Laminate, Vinyl, Wood, Varies by Unit, Other
Appliance Free Standing Refrigerator, Microwave, Varies By Unit, Free Standing Electric Oven, Free Standing Electric Range
Laundry In Each Unit, Varies by Unit
Exterior
Exterior Feature Yard Space
Parking Features Street, Other
Utilities Available Other
Water Access Desc See Remarks,Public
Total Parking Spaces 2
Building
Lot Description None
Story 1
Foundation Other
Sewer Public Sewer, See Remarks
Water See Remarks, Public
Schools
Elementary Schools Twin Rivers Unified
Middle Schools Twin Rivers Unified
High Schools Twin Rivers Unified
School District Sacramento
Others
Senior Community No
Tax ID 228-0570-014-0000
Special Listing Condition None
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