Investment Opportunity: 6 Rental Units in Sacramento's Real Estate Market

$1,140,000

4 Beds | 3 Baths | - SqFt

3055 33rd AVE, Sacramento, CA 95824

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Are you an investor looking for a promising opportunity in the Sacramento real estate market? Look no further! We have an exciting listing that might just be what you've been searching for. Located at 3055 33rd Ave and 3101 33rd Ave in Sacramento, CA, this property offers six rental units across two adjacent parcels.

Before we dive into the details, please note that this property is available for viewing by appointment only, and we kindly request that you refrain from disturbing the current tenants. As this is a probate estate sale, the Administrator holds full rights, and the buyer/investor must be willing to purchase the property as-is.

Let's start with 3055 33rd Ave, which comprises three units. The first unit is a charming 2-bedroom, 1-bathroom single-family house with a private deck, workshop, storage shed, and covered carport. Currently vacant, this unit presents an excellent opportunity for owner occupancy or the chance to increase rental income.

The second and third units at 3055 33rd Ave are a duplex, each featuring 1 bedroom and 1 bathroom. Both of these units are currently occupied by tenants, ensuring immediate rental income upon acquisition. With the high demand for affordable housing in Sacramento, these units offer a stable and consistent revenue stream.

Moving on to 3101 33rd Ave, this parcel also includes three units. The first unit is a 2-bedroom, 1-bathroom single-family house, currently occupied by a tenant. The second unit is a two-story single-family house with 2 bedrooms and 1 bathroom, providing ample space for a small family. Finally, the third unit is a studio apartment, perfect for individuals or couples seeking an affordable living option. All three units are currently tenant-occupied, ensuring a steady stream of rental income.

Both parcels are gated and fenced, guaranteeing security for the tenants and peace of mind for the investor. Additionally, ample parking is available on the property and on the street, making it convenient for residents and their guests. The location of this property is highly desirable, with local shopping, schools, freeway access, and public transportation within a mile.

Now, let's talk numbers. The listing price for this investment opportunity is $1,140,000. With a total of six rental units, this property has the potential to generate substantial rental income. As the Sacramento real estate market continues to thrive, investing in rental properties has proven to be a wise financial decision.

In summary, 3055 33rd Ave and 3101 33rd Ave offer an exceptional investment opportunity for those looking to expand their real estate portfolio. With six rental units across two adjacent parcels, this property promises immediate cash flow and long-term growth potential. Don't miss out on the chance to own these income-generating properties in Sacramento's thriving real estate market!

If you're interested in learning more or scheduling a viewing, please contact us at your convenience. Opportunities like these don't come around often, so act fast and secure your investment in Sacramento's real estate industry today!