Heating: Central, Separate, Fireplace(s), Natural Gas
Exterior Features: Fenced Yard,Yard Space
Swimming Pool: No
School District: Sacramento
Utilities: Natural Gas Connected
Address: 1750 Avondale Avenue
Excellent turn-key investment. A great opportunity to own a beautiful duplex, centrally located in Arden Arcade on a quiet street with large yards. Both units have 2 bedrooms, 2 full baths, & a 1-car garage, featuring spacious Living Rooms w/ vaulted ceilings & cozy fireplaces, large Dining areas with sliding doors to patios and large private backyards. Master Suites & laundry hook-ups. Exterior recently painted. Tenants pay ALL utilities. Close to everything; award winning schools, shopping, parks & freeway access. PLEASE DO NOT DISTURB THE TENANTS. Both units are rented. Total annual rents are $39,468. GRM is 15.18 and 6.59% Cap Rate. Similar units in the neighborhood recently rented for $2,000 per month. Potential annual rents of $48,000 with a GRM of 12.48 and 8.01% Cap Rate! A fantastic investment opportunity.
Listing Agent: Greg Batchelder Courtesy of: Lyon RE Folsom The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data maintained by MetroList® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise "any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination." This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis. Updated: 2nd December, 2021 6:21 PM