Turnkey Duplex + ADU Potential in Sacramento High-yield investment opportunity with a projected impressive CAP rate and $70K+ in recent upgrades. This turnkey property features a vacant, updated 3BR/2BA historic bungalow that lives like a SFH. The tenant-occupied 1BR/1BA rear unit has a fenced in yard. Spacious lot zoned for 2-3 additional ADUs per city/state notes. New roof with transferable warranty, updated sewer line, renovated kitchens/baths, and fresh paint. Quiet street near local breweries with rapid access to Midtown, Uptown, and Arden-Arcade. First time buyers can maximize their investment with immediate rental income; create multi-generational living and benefit from the development opportunity.
Features
directions_car3 carspaces
2 open car spaces
directions_car1 garage space
2576 sq. ft. floor area
crop_free7405 sq. ft. lot size
cottageDuplex
Property history for 1812 El Monte Ave
2016
Sold
Undisclosed
01 Sep 2016 by William Watson, of Contempo Realty
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Local market activity for duplexes in Sacramento
Sold
For Sale
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