Heating: Central, Separate, Fireplace(s), Natural Gas
Exterior Features: Fenced Yard,Yard Space
Swimming Pool: No
School District: Sacramento
Utilities: Natural Gas Connected,Cable Available
Address: 1737 Avondale Avenue
Neighborhood: 10825, Arden Commons
Excellent turn-key investment. A great opportunity to own a beautiful duplex, centrally located in Arden Arcade on a quiet street with large yards. One side has 3 Bedrooms, 2 Full Baths, & a 2-Car Garage. The other side has 2 Bedrooms, 2 Full Baths, and a 1 Car Garage. Both sides feature spacious Living Rooms w/ vaulted ceilings & cozy fireplaces, large Dining areas with sliding doors to patios and large private backyards. Master Suites & laundry hook-ups. Tenants pay ALL utilities. Close to everything; award winning schools, shopping, parks & freeway access. PLEASE DO NOT DISTURB THE TENANTS. Both units are rented. Total annual rents are $36,276. GRM is 19.99 and 5.0% Cap Rate. Similar units in the neighborhood recently rented for $2,000 & $2,200 per month. Potential annual rents of $50,400 with a GRM of 14.38 and 6.95% Cap Rate! A fantastic investment opportunity.
Listing Agent: Greg Batchelder Courtesy of: Lyon RE Folsom The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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