$515,000
$539,500
4.5%For more information regarding the value of a property, please contact us for a free consultation.
1,844 SqFt
SOLD DATE : 12/17/2024
Key Details
Sold Price $515,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,844 sqft
Price per Sqft $279
Subdivision Mills Park
MLS Listing ID 224118636
Sold Date 12/17/24
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1977
Lot Size 8,276 Sqft
Acres 0.19
Property Description
Excellent turn-key investment. A great opportunity to own a beautiful duplex, centrally located on a quiet cul-de-sac near shopping & restaurants. Both sides have 2 bedrooms, 1 full bath, & a 1-car attached garage with laundry hookups, featuring a spacious Living Room & Dining area with sliding doors to a patio and large private backyard. Close to everything; public transportation, award-winning schools, colleges, shopping, parks & freeway access. PLEASE DO NOT DISTURB TENANTS. Long term tenants on Month-to-Month leases. Tenants pay separately metered gas & electricity. Rents are $1,526 & $1,595 per month. In addition to rents, tenants also pay a total of $55 combined per month, towards sewer/water/garbage. Total monthly income is $3,176. Total annual income is $38,112. GRM is 14.4 and 7.1% Cap Rate. A fantastic investment opportunity with lot of potential!
Location
State CA
County Sacramento
Area 10670
Direction Folsom Blvd (between Zinfandel and Mather Field) to Mills Park Dr, to RIGHT on Mills Tower Drive, to LEFT on Bluestar Court to property on the left.
Rooms
Basement None
Interior
Interior Features Vaulted Ceiling(s)
Heating Central
Cooling Central
Flooring Carpet, Laminate, Vinyl, Varies by Unit
Window Features Window Coverings
Appliance Free Standing Gas Range, Dishwasher, Disposal, Varies By Unit, Free Standing Electric Range
Laundry Washer/Dryer Hookups
Exterior
Exterior Feature Fenced Yard, Yard Space
Parking Features Attached, Garage, Garage Door Opener, Interior Access
Garage Spaces 2.0
Utilities Available Natural Gas Connected, Electric, Internet Available
Water Access Desc Meter on Site,Private
Roof Type Shingle,Composition
Topography Level
Porch Uncovered Patio
Total Parking Spaces 4
Building
Lot Description Cul-De-Sac, Shape Regular, Curbs/Gutters, Sidewalk, Landscape Front
Story 1
Foundation Concrete, Slab
Sewer In & Connected
Water Meter on Site, Private
Architectural Style Contemporary
Schools
Elementary Schools Folsom-Cordova
Middle Schools Folsom-Cordova
High Schools Folsom-Cordova
School District Sacramento
Others
Senior Community No
Tax ID 072-0151-032-0000
Special Listing Condition None
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