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Erik Nelson

erik@mcgrailteam.com +1(916) 765-8124

$ 719,000

Est. payment | -/mo

1,090 SqFt

Save

$ 719,000

Est. payment | -/mo

Save

1,090 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,090 sqft

Price per Sqft $659

MLS Listing ID 226055618

HOA Y/N No

Year Built 1946

Lot Size 6098.000 Acres

Acres 0.14

Property Sub-Type Duplex

Source MLS Metrolist

Property Description

Exceptional Turnkey Income Property $5,000/Month Fully Leased New Construction ADU Rare opportunity to acquire a fully stabilized, income-producing property generating approximately $5,000 per month ($60,000 annually) with strong in-place tenants and immediate cash flow from day one. The property consists of a 3 bedroom / 2 full bathroom main residence, a detached 1 bedroom / 1 full bathroom ADU, and a separately rented garage, creating three distinct income streams on one parcel. All units are currently leased, providing consistent, reliable income with no vacancy exposure. This property has undergone extensive upgrades, including: -Brand new construction ADU (1 bed / 1 bath). -Fully remodeled main house with updated kitchen and bathrooms. -New roof, HVAC system, and water heater. -Fresh interior and exterior improvements. -Separate garage rental adding additional income stream. From an investment standpoint, this is a true turnkey assetno deferred maintenance, no repositioning needed, and no capital improvements required. Simply acquire and collect income. Ideal for investors seeking a low-maintenance park your money'' opportunity, particularly those completing a 1031 exchange and looking for a clean, stable replacement property with immediate returns. Properties offering this combination of new construction, renovated primary residence, multiple income streams, and full occupancy are increasingly difficult to find in today's market. Fully leased. Fully upgraded. Fully performing.

Location

State CA

County Sacramento

Area 10838

Direction I-80 West to Raley Blvd/Marysville Blvd - Left on Raley Blvd - Left on North Ave - Right on Ivy Street

Rooms

Other Rooms Unit-1 Approx SqFt: 1090 Bedrooms: 3 Full Baths: 2 Total Rooms: 7 Occupancy: Tenant Rent: 2750 SqFt Source: Owner Unit-2 Approx SqFt: 560 Bedrooms: 1 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 1750 SqFt Source: Owner

Interior

Heating Central

Cooling Ceiling Fan(s), Central

Flooring Carpet, Laminate

Appliance Gas Water Heater, Dishwasher

Laundry Laundry Closet, Washer/Dryer Hookups

Exterior

Parking Features Off Street, Detached, Garage, Leased

Utilities Available City

Water Access Desc Public

Total Parking Spaces 3

Building

Lot Description Curbs/Gutters, Sidewalk

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style A-Frame

Level or Stories One

Schools

Elementary Schools Sacramento Unified

Middle Schools Sacramento Unified

High Schools Sacramento Unified

School District Sacramento

Others

Senior Community No

Tax ID 252-0012-018-0000

Special Listing Condition Offer As Is

Listed by RE/MAX Gold

NEARBY SCHOOLS & PROPERTIES

Helping real estate be simple, fun and stress-free!

+1(916) 765-8124

erik@mcgrailteam.com

1891 E. Roseville Parkway Suite 180, Roseville, CA, 95661

3926 Ivy ST Sacramento, CA 95838