$575,000
$599,950
4.2%For more information regarding the value of a property, please contact us for a free consultation.
2,466 SqFt
SOLD DATE : 01/09/2025
Key Details
Sold Price $575,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 2,466 sqft
Price per Sqft $233
MLS Listing ID 224117966
Sold Date 01/09/25
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1970
Lot Size 0.872 Acres
Acres 0.8724
Property Sub-Type Other
Property Description
**Unlock Your Investment Potential!** Discover the endless possibilities with this spacious 2,466 sq. ft. home situated on a .087-acre lot, zoned M-1-PUD (Light Industrial). This unique property features 5 bedrooms, a versatile loft, a family room, a living room, a dining area, a kitchen, alongside 3 full bathrooms and a 2-car garage. With ample space on the lot to accommodate motorhomes, semi-trucks, excavators, etc. This location is perfect for both residential and potential business ventures. Currently, 4 rooms are being rented out downstairs, while the upper level has 3 additional rooms that could also be rented, maximizing your investment return. A large loft upstairs and a family/bonus room downstairs add to the rental appeal, allowing for a total of 7 income-generating rooms. With a projected gross monthly rental income of $6,600 after some repairs, the potential is significant. Check out the Sacramento City Planning Article 1 zone-Permitted uses for M-1. Conveniently located near freeway access, this property offers not just a home but a strategic investment opportunity. Matterport video tour are available upon request.
Location
State CA
County Sacramento
Area 10838
Direction Take exit 90 toward Norwood Ave. Turn left onto Norwood Ave. Turn right onto Morrison Ave. Turn right. Go for 226 ft.
Interior
Heating Central, None
Cooling Evaporative Cooler, None
Flooring Carpet, Tile
Window Features Dual Pane Partial
Laundry Washer/Dryer Hookups
Exterior
Parking Features RV Storage, Garage
Utilities Available Natural Gas Connected, City, Electric
Water Access Desc Public
Total Parking Spaces 10
Building
Lot Description Shape Regular
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Twin Rivers Unified
Middle Schools Twin Rivers Unified
High Schools Twin Rivers Unified
School District Sacramento
Others
Senior Community No
Tax ID 250-0351-011-0000
Special Listing Condition None
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Bought with Non-MLS Office