Update – A Report of Two Sacramento Duplexes For Sale

Sales Prices Up – But Rents Are Up Too…!

We recently listed a couple of Sacramento Duplexes for sale.   It’s amazing how quickly they seem to sell now and for what appears to be a never ending spiral upwards in Sales Price highs.

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9143-9145 Tuolumne Drive, Sacramento, Ca, 95826.   Tuolumne

3 bedrooms 2 bath each side with updated interiors.

Listed at $399,000  –  We had multiple offers with the new buyer that is excited to be Closing Escrow today at $410,000.

Oh and this was a Cash Offer with no financing involved.  We added a picture of the property to the right here.

 

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2347 – 2349 Imran Drive, Sacramento, Ca 95825

This Duplex was configured as a 2 bedroom 2 bath with a 2 car garage on one side with the other side being a 2 bedroom 1 bath 1 car garage.   The owner on this one had purchased it at the top of the market back in 2004.

With values finally reaching a point where he could sell without having to come to the table with money at the close of escrow, he took advantage of today’s market and moved on.

Listed at $400,000 – Closed escrow at $395,000

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6041-6043 Rye Way, Carmichael, Ca 

PENDING SALE  – This Carmichael Duplex is a 2 bedroom 1 bath units on ea side with one car garages

Now Listed at $355,000 –  We had this one listed originally at  $340,000, with multiple offers.  It was taken off the market to make needed pest control repairs after inspections revealed a termite infestation so bad the property had to be “tented”.

After the work was completed it was put back on the market and is now currently in escrow with a full price CASH OFFER.   It was also a multiple offer situation.

If you haven’t heard, there’s a short supply of Duplexes for Sale in Sacramento.   If you own a Duplex in the Sacramento Area and you are thinking of Selling, now couldn’t be a better time.

Investors are looking for properties like yours.  Let me show you how to get the most out of your investment.   If you’re a Prospective Buyer/Investor looking to get into the Duplex market or any other kind of Residential Investment, please call or send a text to me at 916-203-1260.

You can also drop an email my way to:   favinger@rwnetwork.com

In the Mean time…

Make it a Great Day…!

Ed Favinger, Broker, CRS, GRI, SFR, CDPE