Cash Flow in Rancho Cordova – Duplex for Sale

A rare Duplex with 3 bedrooms 2 bath on each side.

 

20140905_144808We put this property on the market at approximately 3:00 PM Tuesday and I had the 1st offer about 5 or 6 PM that day.

As of Friday, Jan. 30, 2015, I have had a total of 5 offers… Four of them are from investors and one FHA buyer that would like to live in one side and rent the other.

This used to be a run down area. However, since the City of Rancho Cordova has been incorporated, they’ve really made a difference because of stricter code enforcement in rental areas like the one this property is located in.

The Folsom Cordora School District has also upgraded the Cordova Villa Elementary School which is just up the street.

Our Property Management Company, Haven Properties has managed this property since the owner’s acquisition and can provide the history of income and expenses to show this is a great investment.

Click Here to get the info on this property which includes, some video (including a video narrated by Terry Bradshaw)  and the cash flow figures.

In the mean time…?

Make it a Great Day…!

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

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