760 Arden Way
Sacramento, CA 95815
1528 sqft | 0.16 acres | #224105299
Description
***EXCELLENT INVESTMENT OPPORTUNITY IN WOODLAKE ***Don't miss this opportunity to own a duplex in the sought-after Woodlake neighborhood, situated on a spacious corner lot. Each unit features 2 bedrooms and 1 bathroom, offering great potential for rental income. Located on a quiet frontage road with minimal traffic, this property presents an excellent investment opportunity. The roof was recently replaced with a permitted composition shingle roof, finalized in February 2022. With some cosmetic updates, you could increase rental income and achieve a 7% cap rate. Additionally, the large lot offers the possibility of building an ADU for even more value and equityjust be sure to confirm with the City of Sacramento. Multi-unit properties in desirable Woodlake are rare, so don't let this one pass you by!
Property Details
- AppliancesDishwasher, Free Standing Electric Oven, Free Standing Electric Range, Other
- Cooling FeaturesCeiling Fan(s), Central, Wall Unit(s), Window Unit(s)
- Utility FeaturesNatural Gas Connected, Electric
- Sewer InformationIn & Connected, Public Sewer
- Parking FeaturesOff Street, Side-by-Side
- Exterior FeaturesSwimming Pool
- Property TypeMulti-Family
- CountySacramento
- MLS #224105299
- MLS #224105299
- StyleA-Frame
- RoofShingle
- Lot DescriptionCorner
- Utility SourcePublic
- Cost449900
- Property SubtypeDuplex
- ViewCity
- Acres0.16
- Square Feet1528
- Year Built1969
- FoundationSlab
- ZoningR-1
- Stories1
- Parking Spaces4
Location
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Last Updated: . Source: METROLISTMLS
Listing Courtesy
Listing Agent: Cecil O Williams I (#SWILLCEC)
Listing Office: Coldwell Banker Realty (#01CLBA12)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.