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A Citrus Heights Bank Owned Duplex – On a Busy Street – Quiet Inside

Yea It’s Next to a Busy Street – But Fix It Up – Show it off to Thousands of Cars Everyday

I drove by this one located at 7107 Madison Avenue, Citrus Heights because I knew this was one of a few duplexes along this main artery that was located on the “frontage road”.    The frontage road itself does not have much traffic.  I was out there for about 10 minutes and only one car drove by and that was about 1PM today.

It also borders a Single Family Neighborhood.  The only bad thing….?   That’s right…!    It’s on a very busy and yes… it’s a pretty noisy street after the light turns green at the corner of San Juan and Madison.

The place needs to have someone trim the trees in front so you can see it.   That’s why the pictures on the flyer didn’t turn out well. 

I have Palm Videos of the exterior and each side.   You’ll get an idea of how loud it is and the contrast when you go inside.

Exterior and Left Side

Exterior and Right Side

 

Make it a great day…!!!!!

Don’t Forget Curb Appeal When You Fix Up a Duplex Rental..!

Some Before and After Pictures To Make My Case

I probably am preaching to the choir for those of you that read this blog on a regular basis.   However if you are new to this site and are thinking about Investing in Real Estate such as a Duplex, Four-Plex or a Single Family Home, don’t forget to invest in some “curb appeal”.

I’m talking not just the exterior paint.   No I’m talking about landscaping your rental almost like you would a single family home in a nice neighborhood.

Check out this Duplex purchased earlier this year at 9610 Knickers Court in the Rosemont area: 

 Knickers before - 1

Here’s the “before” picture of this property taken shortly before the new Owner started the “Fix Up”.  This is a corner lot and had a lot of over grown shrubs & trees.

 

The Owner did install new roll up garage doors, painted the trim only and put a few $$ in landscaping.  The 3 Bedroom unit on the right does have a Patio Slider off the Master Bedroom.   For a look at what he did see this slide show.    By the way it rented in just a couple of days.

Remember when you add some nice landscaping like the owner did above, you give a prospective tenant some “extra living” space with not only a patio outside the dining area, but also outside the Master Bedroom as well.

 

Now below here is a Duplex that I am a partner in on Lake Natoma Drive in Orangevale.  We had a tenant on the left side that lived there for almost 5 years after we purchased it. When she moved out, do you think it took me long to find a new tenant…?

 Front Page Lake Natoma Drive

Some of the things we did 5 years ago to this duplex were, to paint the exterior & install new roll up garage doors.   We also fixed the sprinkler system & spent a little extra & planted a “big box” Maple Tree. 

 

 

Do you think landscaping makes a difference here?     By the way, this is some what of a busy street, but it rented up after being vacant for only about 3 weeks in late June of this year.

Hey Take a look at this one.   I think you will get my point….

 trovita 1 before

Here is a “before” picture of a former Bank Owned Duplex on a street of large duplexes in Citrus Heights, purchased by a partnership

 

 

 

Click here for a web page that will also show you that if you fix these Duplexes up nicely, you will not have a difficult time finding tenants who will want to pay top dollar to live there. 

So Did I Make My Case Well Enough…?

You are the judge, but all of these units are rented up even though we are in a little bit of an unemployment situation here in the Sacramento Area.

Ask yourself the question, if you were a prospective tenant, do you think you would pick these units over some that weren’t as nicely fixed up when you first pull up to see them….?

I’d appreciate the feed back.

In the Mean Time…?

MAKE IT A GREAT DAY….!

Fixer Upper Duplexes Profiled Here

Come and Get ’em – They probably won’t last long….

I was out and about yesterday for the first time in a while looking at property.   If you follow this blog on a regular basis you know I haven’t been posting for about two weeks.   The reason is not that there haven’t been good deals out there, it’s just that I have been busy writing up proposals and Realty World Capital Trade Group, of which I am a member,  had a Trade Booth at the California State Fair that I committed to to attending.

In the process I met a lot of nice folks and got more of a feel for what is happening in the economy.   While some folks were complaining about their houses being “upside down” we did meet some folks that were looking to get into the market not only as first time buyers but investors as well.

So here are two great prospects, one of which I know has been part of the “shadow inventory” that I’ve talked about before.

Prospect #1

10152-10154 Crawford Way, Sacramento, Ca 95827 – Listed at $113,850.   While I didn’t go inside this property, I do have an idea of what it’s going to take to fix this one up.  It’s  boarded up which makes it look nasty… it does have a partial new fence on the side street (this is a corner lot), the landscaping is well… pictures say a lot.  The listing doesn’t show Central Heat and Air so the “fix up” costs I’m projecting would include adding this and the “usual re-hab” costs. 

When it’s all done, you’d have one nice piece of investment real estate.   There have been several foreclosures in this neighborhood that have been picked up and rehabbed, one is just across the street.

Prospect #2

3425 Viking Drive, Sacramento, Ca 95827 – Listed at $186,900.   This one has been sitting on the market since August 19th.   The duplex on the right of this property is also in bad shape.  I haven’t checked but I think it’s bank owned as well.   There are some nice properties just across the street and around the neighborhood.

The prices on these Duplexes are cheap enough now that you can do the fix up and still make $$$.   After this kind of investment in “fix up”, you’d only be doing the “normal maintenance” that is associated with any kind of rental real estate.

If any of these properties pique your interst drop an email my way at:   favinger@rwnetwork.com or call me at 916-203-1260.

In the mean time…?

 

MAKE IT A GREAT DAY….