Realty World – Your Property Source

Prices seem to be holding – but I’m seeing more of them come back on the market.”

Let’s start with a couple of recent new listings that I like.   The reason why I like the following listings is that they have 3 bedrooms and 2 full baths on each side.

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8907-8909 Montoya Street, Sacramento - This property was on the market last year as a “short sale”.   I guess that failed and it apparently went all the way to foreclosure sale and is now an REO.  I think it’s priced a little high at $209,900 since it backs up to Hwy 50 and is a bit noisy.

Click Here for a Proforma Cash Flow Analysis

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9265-9267 Corinthian Circle, Sacramento – This is a “Short Sale” and is currently listed at $160,000.  This has been one of my favorite streets of Duplexes.   It’s located within walking distance of the Butterfield Light Rail Station.

Click Here for a Proforma Cash Flow Analysis

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This Bank Owned Duplex was a pending sale for a while, but has since been placed “back on the market”.

1000 Bell Street, Sacramento, Ca – 2bd/1ba ea side - Listed at $177,550 –

Click here for a Video of the Right Side –  -  -   Click Here for a Video of the Left side

I’ll have more posted later on this page so check back.  In the mean time…?

Make it a Great Day..!!!

Ed Favinger, Broker, CRS, GRI, SFR          favinger@rwnetwork.com    916-203-1260

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It’s all sorted by City

Been looking for a website with a list of Residential Investment Properties such as a Duplex, Four-Plex or Multiple Residential Apartments that you can browse at your computer?

You are now in luck.  If you go to Ed’s Free Investment Property List you will be able to check out what is available.

As of today it’s not a complete page, but I’m working on it and hopefully I will have it done in the next hour or two.   You can see what is there in the meantime, so book mark this page for future reference.

Don’t forget to check out Ed’s Hot Picks page for properties that I have already reviewed and prepared a “pro-forma” cash flow analysis for.

Make it a Great Day…!!!

Ed Favinger, Broker CRS, GRI       favinger@rwnetwork.com      916-203-1260

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Here are a couple of Duplexes that are both unique.

One of them just came on the market about a week or so ago.   I drove by to view the area and while I was out there taking pictures of the exterior, one of the tenants came out and we had a conversation.   She likes the area, but the building has had some issues, notably the roof.  

If you look at the pictures of the property, you’d never know.   She did say that an inspector did come out there and she was told that the roof would need some major work.   The owner has been unable to make the repairs so she’s been putting up with a leaking roof.   That’s why she said she was looking for a new place.

The property is located at 7130-7132 Grady Drive, Citrus Heights, Ca 95621.    Click here for a “pro-forma” cash flow analysis.  Keep in mind that these figues do not include the cost of a new roof, but even if it cost $10,000 to replace it, in my opinion, this would still be a decent deal in today’s market.    Click here for a Map Link to show you the major intersection that is nearby.   The City of Citrus Heights city hall, police station and lots of shopping are located about a mile away if that.  

By the way, I got an email from the agent earlier today telling me that this property has 2 loans on it.   She also said she had several offers coming in,  so we’ll see how that one goes.

The other one, located at 7542-7544Saint-Philomena Way , is a Bank Owned or REO Duplex that came on the market last October.  Since then it’s been in and out of escrow a couple of times and just came back on the market a coule of days ago.   I did a profile of it back then including a Palm Video.   

Make it a great day…

Ed Favinger, Broker CRS, GRI           916-203-1260             email me at:   favinger@rwnetwork.com

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• http://theycallmemred.com/eds-hot-picks/