Homes for sale - 4140 Broadway, Sacramento, CA 95817

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Cameron Ripley

info@visionforwardrealty.com +1(530) 635-0283

$ 515,000

Est. payment | -/mo

2,112 SqFt

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$ 515,000

Est. payment | -/mo

Save Virtual Tour

2,112 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,112 sqft

Price per Sqft $243

MLS Listing ID 225099570

HOA Y/N No

Year Built 1936

Lot Size 3,485 Sqft

Acres 0.08

Lot Dimensions 42x89x43x90

Property Sub-Type Duplex

Source MLS Metrolist

Property Description

Opportunity Knocks on this vibrant Oak Park Duplex. Both units are 2bedrooms and 1bath. Both units were renovated in 2021. Both units feature wood laminate flooring, granite countertops, stainless steel kitchen sinks, and new kitchen cabinets with gas stoves. Updated bathrooms with a solid surface shower surround upstairs, tile shower surround downstairs, & updated vanities with granite counter tops in the downstairs bathroom. There is central heating and air upstairs and, wall-mounted heat and air conditioning downstairs. The current rent downstairs is $1500 per month and the rent upstairs is $1600 per month. Total monthly income is $3,100 with an annual Proforma income of $37,200 and a GRM of 13.43 with plenty of upside potential on rents. Rentometer Pro Suggests market rents of $2076 per unit at market rents the GRM would be 10.03! this duplex is located in one of the hottest neighborhoods in Sacramento with new development all around it and located close to Downtown, local hospitals, and many other lifestyle amenities. According to the owner the c-1 zoning would allow a business to operate downstairs with living space upstairs.

Location

State CA

County Sacramento

Area 10817

Direction From Hwy 50 tale Stockton Blvd and then take a Right Onto Broadway to the property

Interior

Heating Central, Wall Furnace, Varies by Unit

Cooling Central, Wall Unit(s), Varies by Unit

Flooring Tile, Laminate

Window Features Window Coverings

Appliance Free Standing Gas Range, Varies By Unit

Laundry Varies by Unit

Exterior

Exterior Feature Fenced Yard, Yard Space

Parking Features Off Street

Utilities Available Natural Gas Connected, City

Water Access Desc Public

View City

Roof Type Composition

Topography Level

Porch Uncovered Patio

Total Parking Spaces 2

Building

Lot Description Shape Regular, Curbs/Gutters

Story 2

Foundation Raised

Sewer In & Connected

Water Public

Architectural Style Traditional

Level or Stories Two

Schools

Elementary Schools Sacramento Unified

Middle Schools Sacramento Unified

High Schools Sacramento Unified

School District Sacramento

Others

Senior Community No

Tax ID 014-0187-022

Special Listing Condition None

Virtual Tour https://www.youtube.com/watch?v=e-XeJRmasBE

Listed by LPT Realty, Inc

"My mission as your Realtor is to build trust-based relationships and exceed your expectations, ensuring a seamless and rewarding real estate experience."

+1(530) 635-0283

info@visionforwardrealty.com

8150 Sierra College Blvd Ste 130

4140 Broadway Sacramento, CA 95817