We’ve got recent price reductions too…!
If you have been looking for an “investment” type of property and have followed this blog site for any length of time, you know I’m a big fan of Mulit-Unit properties.
The reason is most of the time you’ll never have a vacancy of 100%.
Is a Four Plex in your future…?
Take a peek again if you haven’t already at this Four Plex at 5544 Keoncrest Circle, Sacramento which consists of all 2 bedroom 1 bath units, central heat and air, fireplaces in 3 of the units. Each unit gets a Garage Space and garage door opener. There is an “on-site” laundry that is free to use for the Residents of this building.
How About A Duplex…? We got several.
1. 955-957 Woodshire, Sacramento – 2 bedrooms, 1 bath, 1 car garage one side & a 2 car garage on the other – Was priced at $289,000… Now Reduced to $259,000 – Located in a Pride of Ownership area consisting of primarily single family homes. Rents could be raised some on this one.
2. 7226-7228 Oconee Court, Citrus Heights, Ca - 2 bedrooms, 1 bath, 1 car garage each side – Priced at $259,000 – Located on Quiet Cul-De-Sac Street in a great area near Parks, Schools and Shopping. Great tenants on this one and both want to stay. On month to month and could have rents raised some. One side has been totally remodeled with a new kitchen.
3. 4713-4715 Greenholme, Sacramento, Ca - 2 bedrooms, 1 bath, 1 car garage each side – Reduced price at $204,950. Fully leased with great tenants.
4. 4717-4719 Greenholme, Sacramento, Ca - 2 bedrooms, 1 bath, 1 car garage each side – Reduced price at $204,950. Fully leased with great tenants.
NOTE: Someone would be smart to buy both of the Greenholme properties since they are side by side.
5. 4548-4550 Zachary Way, Sacramento, CA - 2 bed/1 ba/1 car gar & a 2bed/2ba/2 car Garage. Occupied by long term tenants… one over 11 years. Priced at $219,000. OWNER IS WILLING TO CREDIT $5,000 for new paint & carpet. This property has had the same tenant on once side for almost 18 years and the other side for about 10 years.
6. Two Houses above the valley fog on One Lot in Cameron Park, located at 3825-27 Cambridge Road. CLICK HERE for pictures and a cash flow sheet. Priced at $515,000
If you have thought about making an investment, now is a good time. Interest rates are still at a low level, all of these properties are decent shape with the owners willing, within reason, to make repairs that are needed when discovered in the “due diligence” inspections.
You Need A Property Manager…? We also offer the 1st 3 months of Property Management if you buy these or any other rental property through us. Our property management services can be found here.
In The Mean Time…?
Make it a Great Day…!
Ed Favinger, Broker, CRS, GRI, SFR, CDPE 916-203-1260 firstname.lastname@example.org
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