Investment Opportunity in Sacramento's Prestigious Neighborhood: 1348 38th St
Welcome to the bustling real estate market of Sacramento, where we have an exciting investment opportunity that will surely catch your eye. Presenting 1348 38th Street, a charming duplex nestled in one of the most sought-after neighborhoods in Sacramento, just moments away from the renowned "Fab Forties". This prestigious area is renowned for its well-manicured landscapes, tree-lined streets, and an exclusive ambiance that captivates residents and visitors alike.
This duplex investment opportunity offers a plethora of advantages, beginning with its prime location. Situated merely a mile away from Sac State and Mercy General Hospital, the property offers convenient access to various amenities such as shopping centers, recreational facilities, healthcare services, diverse dining options, schools, and transportation. So, whether you're a student, a healthcare professional, or a prospective tenant looking for a vibrant neighborhood to call home, 1348 38th Street has it all.
Upon arrival, you'll be greeted by a .17-acre lot boasting a well-maintained exterior with beautiful stucco and brick detailing, exemplifying its timeless charm. This property, built in 1923, showcases a pitched roof that adds to its architectural appeal. Spanning over 2,802 square feet, this duplex offers ample rentable living space for potential tenants.
The unit mix consists of two well-appointed units, each featuring two bedrooms and one bathroom. Both units offer their own detached garages, laundry hookups, and storage rooms, ensuring convenience and privacy for each tenant. Additionally, the property boasts spacious front and backyard areas, perfect for enjoying the beautiful Sacramento weather. Inside, tenants will appreciate the comfortable living spaces enhanced by central heating and air conditioning systems.
As you step into each unit, you'll be greeted by hardwood floors that exude warmth and character. The classic style cabinets in the kitchen offer a timeless appeal, while a fireplace adds a touch of coziness to the living area. The kitchen also features a dinette table, providing a convenient space for enjoying meals or hosting intimate gatherings.
When it comes to utilities, tenants are responsible for gas and electricity within their units, while the owner covers water, sewer, and garbage expenses. This arrangement ensures a hassle-free experience for both tenants and the property owner.
Investing in 1348 38th Street presents an incredible opportunity to capitalize on Sacramento's thriving real estate market. With a current monthly gross income of $4,525, and an impressive price per square foot under $400, this investment promises favorable returns.
Don't miss out on this chance to own a piece of Sacramento's prestigious neighborhood. Contact us today to schedule a viewing or to receive further information about this remarkable investment opportunity. The time to seize this opportunity is now!
{Investment Highlights:}
- Prime location in Sacramento's sought-after neighborhood
- Close proximity to amenities, universities, and healthcare facilities
- Charming duplex with well-maintained exterior
- Two units, each with two bedrooms and one bathroom
- Detached garages, laundry hookups, and storage rooms for each unit
- Spacious front and backyard areas
- Hardwood floors, classic style cabinets, and fireplaces in each unit
- Tenants responsible for gas and electricity, owner covers water, sewer, and garbage
- Current monthly gross income of $4,525
- Price per square foot under $400
Invest in 1348 38th Street and embark on a rewarding real estate journey in Sacramento's prestigious neighborhood. Contact us today!
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