3 bedroom house for sale
$385,000 - Sacramento CA 95821Sacramento CA 95821
3 bedroom house for sale
- Beds: 3
- Baths: 1
- Price: $385,000
- Reference No.: 69336489
- Area: 1,368 sqft
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Overview
INVESTOR'S FANTASY An exceptional opportunity emerges to acquire property lining Marconi Ave with C-2 Commercial zoning, boasting the potential for subsequent commercial development. There is also the potential to enhance rental income upto $250, 000 by adding Additional Dwelling Units (ADUs) on each lot, leveraging the CalHFA grant of up to $40, 000 for ADU pre-development. This portfolio is strategically situated within the Opportunity Zone - tax deferral program for capital gain and enjoys a substantial average daily traffic (ADT) of 26, 926 vehicles along Marconi Ave. In reference to other listings, the portfolio encompasses 8 residential units(4 SFR, 2 DUPLEXES) dispersed across 6 lots. These properties are identified as 2117, 2121, 2125, 2129, 2133, 2137 Marconi Avenue, Sacramento. The portfolio generates income through the rental of 1 Commercial Sign Board. Altogether, these properties, including the Sign Board, yield a gross rental income of $150, 000.00. Refer to the attached offering memorandum.House Sacramento
This House for sale is located at Sacramento CA 95821. The home has 3 Bedroom and 1 Bathroom. This 3 bedroom House in Sacramento CA is for sale for $385,000 .
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2024-03-14, Viewed 0 times.
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2024-03-14, Viewed 0 times.
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