5 bedroom house for sale

Overview

Opportunity is knocking! This mixed-use property is zoned Residential on Commercial Land and offers both a large 2696 sq ft Craftsman style home known historically as the Hill House built in approximately 1918. All units have had many updates and upgrades: electrical, plumbing, HVAC, flooring, paint, and all units on separate meters. This building is broken into units, Unit 409: the main-level house 3bd/2bth and Unit 409 1/2: upstairs 2 bd/1bth w/kitchen, living and w/separate exterior stair access. Behind the main house is a driveway with room for 3 cars AND a detached DUPLEX building with 2 1/1 units and an attached garage. The DUPLEX appears to have been built in the 1950's based it's concrete block style construction. More parking behind the second building/duplex. The property is in prime location in the heart of Old Town Roseville! Gross monthly income is $6, 650, annual at $79, 800 with a gross 6.13% Cap Rate. The property is also eligible for conventional financing, and even FHA with as low as 3.5% down.