$310,250
SOLD FEB 11, 2025
3 Beds
2 Baths
1,900 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$163 Per Sq Ft

17% Below List Price

235 Days on Market

About This Home

As of February 2025

Don't miss out on this exceptional chance to own a highly profitable investment property. This parcel, adjoining another of the same size, offers almost 0.50 acre combined, perfect for generating a substantial return on investment. This parcel includes 3 units, already providing a steady income stream. Acquire the adjoining parcel, which also has 3 units, to double your income potential. Currently, 2 out of the 5 units (between both parcels) are occupied, ensuring immediate cash flow. Perfect for an investor ready to enhance and maximize cash flow with some improvements. This is an unparalleled opportunity for a savvy investor to transform these properties into a high-yielding asset. Bring your tool bag and create an amazing cash flow powerhouse. Schedule a viewing today to explore this fantastic investment opportunity.

Last Agent to Sell the Property

Corey Rasmussen

NextHome Premier Properties License #01335441 Listed on: 05/28/2024

NextHome Premier Properties

Co-Listed By

Courtney Rasmussen

NextHome Premier Properties License #01938980

Last Buyer's Agent

bonnie Samson

Real Estate Source Inc License #01462396

Real Estate Source Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Flooring

  • Carpet
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Utilities

  • Window Unit Cooling System
  • No Heating
  • Natural Gas Connected

Additional Features

  • Laundry in unit
  • 10,019 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 022-0232-007-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Other
  • Year Built: 1947
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Carpet, Tile

Exterior Features

  • Construction Materials: Brick
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 375000.00
  • Lot Features: None
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected, Electric
  • Cooling: Window Unit(s)
  • Heating: None
  • Laundry Features: In Each Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning: RD-5
  • Irrigation: None
  • Lot Size Acres: 0.2300
  • Lot Size Sq Ft: 10019.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Total Number Leasable: 2
  • Total Number Section8: 1
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 022-0232-007-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2025 02/11/25 Sold $310,250 0.0% $163 / Sq Ft
02/01/2025 02/01/25 Off Market $310,250 -- --
01/18/2025 01/18/25 Pending -- -- --
10/26/2024 10/26/24 For Sale $375,000 0.0% $197 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
09/12/2024 09/12/24 Price Changed $375,000 -12.5% $197 / Sq Ft
05/28/2024 05/28/24 For Sale $428,395 -- $225 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224056692

MetroList

APN: 022-0232-007