$415,000
$435,000
4.6%For more information regarding the value of a property, please contact us for a free consultation.
1,657 SqFt
SOLD DATE : 01/18/2025
Key Details
Sold Price $415,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,657 sqft
Price per Sqft $250
MLS Listing ID 224097263
Sold Date 01/18/25
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1963
Lot Size 6,970 Sqft
Acres 0.16
Property Description
We are pleased to present 4100 Wheatley Circle and 1603 Renee Avenue a lucrative duplex investment opportunity located in Sacramento. Currently grossing $2,650 per month, this property is situated on a spacious 0.16-acre corner lot and offers a total of 1,657 square feet of rentable living space, constructed in 1963. The duplex features two 2-bedroom, 1-bathroom units, each offering approximately 829 square feet of living space. Both units have been thoughtfully remodeled within the last five years and come equipped with central heating and air conditioning, ensuring year-round comfort for tenants. Each unit includes off-street parking, a one-car attached garage, and access to a private backyard for each unit, providing tenants with a generously spaced and convenient living environment. The current rental rates are $1,350 per month for the unit at 4100 Wheatley Circle and $1,300 per month for the unit at 1603 Renee Avenue. The average rent for a 2-bedroom, 1-bathroom unit in this area is $1,950, highlighting a significant opportunity for an investor to add value by raising rents to market rates.
Location
State CA
County Sacramento
Area 10838
Direction HWY 80, South on Marysville Blvd, West on Fell, follow around curve, Left on Wheatley Circle.
Interior
Heating Central
Cooling Ceiling Fan(s), Central
Flooring Carpet, Vinyl
Window Features Dual Pane Full
Appliance Varies By Unit
Laundry Washer/Dryer Hookups
Exterior
Exterior Feature Fenced Yard
Parking Features Attached, Street, Garage, Garage Door Opener, Interior Access
Garage Spaces 1.0
Utilities Available Natural Gas Connected, Electric
Water Access Desc Public
Topography Level,Trees Few
Total Parking Spaces 1
Building
Lot Description Corner, Curbs/Gutters
Story 1
Foundation Raised
Sewer In & Connected
Water Public
Level or Stories One
Schools
Elementary Schools Sacramento Unified
Middle Schools Sacramento Unified
High Schools Sacramento Unified
School District Sacramento
Others
Senior Community No
Tax ID 237-0323-006-0000
Special Listing Condition None
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Bought with eXp Realty of California Inc