Property Attributes
- MLS#224028669
- TypeIncome
- CountySACRAMENTO
- CityRancho Cordova
- AreaRancho Cordova
- NeighborhoodMILLS PARK
- Zip95670
- StyleContemporary
- Price$ 555,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Lot Size0.19 Acres
Data Source:
MetroList MLS
Property Description
Excellent turn-key investment. A great opportunity to own a beautiful duplex, centrally located on a quiet cul-de-sac near shopping & restaurants. Both sides have 2 bedrooms, 1 full bath, & a 1-car attached garage with laundry hookups, featuring a spacious Living Room & Dining area with sliding doors to a patio and large private backyard. Close to everything; public transportation, award-winning schools, colleges, shopping, parks & freeway access. PLEASE DO NOT DISTURB TENANTS. Long term tenants on Month-to-Month leases. Tenants pay separately metered gas & electricity. Rents are $1,454 & $1,595 per month. In addition to rents, tenants also pay a total of $50 combined per month, towards sewer/water/garbage. Total monthly income is $3,099. Total annual income is $37,188. GRM is 15.17 and 6.7% Cap Rate. A fantastic investment opportunity with lot of potential!
Price History | |
---|---|
3/26/2024 | Listed $565,000 |
6/5/2024 | 2% - $555,000 |
General Features
Interior Features | Vaulted Ceiling(s) |
---|---|
Sewer | In & Connected |
Heating | Central |
Cooling | Central |
Utilities | Natural Gas Connected,Electric,Internet Available |
Roof | Shingle,Composition |
Appliances | Free Standing Gas Range,Dishwasher,Disposal,Varies By Unit,Free Standing Electric Range |
Exterior Features | Fenced Yard,Yard Space |
Unit 2 Rent | 1595 |
Unit 1 Rent | 1454 |
Garage Spaces | 2.0 |
Patio/Porch Features | Uncovered Patio |
Architectural Style | Contemporary |
Construction Materials | Stucco,Frame,Wood,Wood Siding |
Year Built | 1977 |
Electric | 220 Volts |
Tenant Pays | Electricity,Gas |
Stories | 1 |
Topography | Level |
Property SubType | Duplex |
County | Sacramento |
Property Type | ResidentialIncome |
HOA / Comm Assn | No |
Subdivision Name | MILLS PARK |
Close Price | 0.0 |
Status | Active |
Directions | Folsom Blvd (between Zinfandel and Mather Field) to Mills Park Dr,to RIGHT on Mills Tower Drive,to LEFT on Bluestar Court to property on the left. |
City | Rancho Cordova |
Buyer Agent Compensation | 2.5 |
High School District | Folsom-Cordova |
Zoning Description | RD-10 |
Open Parking Spaces | 2.0 |
NumberOfUnitsTotal | 2 |
MLS Area | 10670 |
Lot Size Square Feet | 8276.0 |
Carport Spaces | 0.0 |
Property Condition | Varies by Unit |
Ok to Lease | Month To Month |
Standard Status | Active |
Middle/Junior School District | Folsom-Cordova |
Elementary School District | Folsom-Cordova |
Year Built Source | Assessor Auto-Fill |
Buyer Agent Compensation Type | Percent |
Interior Features
Basement | None |
---|---|
Flooring | Carpet,Laminate,Vinyl,Varies by Unit |
Total Stories | 1 |
Furnished Units | None |
Unit 1 Full Baths | 1 |
Unit 2 Full Baths | 1 |
Unit1Bedrooms | 2 |
Unit2Bedrooms | 2 |
Window Features | Window Coverings |
Laundry Features | Washer/Dryer Hookups |
Unit 2 Bedroom Units Total | 2 |
Exterior Features
Parking Features | Attached,Garage,Garage Door Opener,Interior Access |
---|---|
Lot Features | Cul-De-Sac,Shape Regular,Curbs/Gutters,Sidewalk,Landscape Front |
Water Source | Meter on Site,Private |
Total Parking | 4.0 |
Foundation Details | Concrete,Slab |
Number of Buildings | 1 |
Lot Size Acres | 0.19 |
Lot Size Source | Assessor Auto-Fill |
Covered Spaces | 0.0 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool