Listing Courtesy of: Muhammad Chaudhary - KW CA Premier - Sacramento 283-7500
$435,000 affordable loan icon Calculate Payment

2137 Marconi Avenue Sacramento, CA 95821

Down payment assistance icon
Other Residence
3 Beds
1 Baths
1,349 Sq. Ft.
0.16 Acre Lot
Save
Share

Property Activity

Time on Site
days
Days on Market
Views
Saves
Last updated on 9/27/2024 4:05 AM

Listing Details

INVESTOR'S FANTASY An exceptional opportunity emerges to acquire property lining Marconi Ave with C-2 Commercial zoning, boasting the potential for subsequent commercial development. There is also the potential to enhance rental income upto $250,000 by adding Additional Dwelling Units (ADUs) on each... lot, leveraging the CalHFA grant of up to $40,000 for ADU pre-development. This portfolio is strategically situated within the Opportunity Zone - tax deferral program for capital gain and enjoys a substantial average daily traffic (ADT) of 26,926 vehicles along Marconi Ave. In reference to other listings, the portfolio encompasses 8 residential units(4 SFR, 2 DUPLEXES) dispersed across 6 lots. These properties are identified as 2117, 2121, 2125, 2129, 2133, 2137 Marconi Avenue, Sacramento. The portfolio generates income through the rental of 1 Commercial Sign Board. Altogether, these properties, including the Sign Board, yield a gross rental income of $150,000.00. Refer to the attached offering memorandum. Continue reading
MLS#
223082516
Property Type
Other
Bedrooms
3
Bathrooms
1 Full
Year Built
1940
Square Feet
1,349 sq. ft
Lot Size
0.16
Stories
1.0
Sewer
Public Sewer
See more listing details   See less listing details  

Receive an email as soon as the price changes

Receive an email

as soon as the price changes
Get Price Alerts
price alerts icon

Get Price Alerts

Don't miss your chance. Receive an email as soon as the price changes.

Notify Me

Get email alerts when
a home price changes

Sign up
view of kitchen

My Drive Time

Enter your work address to view actual drive times with traffic for this property.

Calculate & Save
 

Calculating ...
Here is the weekday INRIX Drive Time from this property to . Change Address

Walk Score

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

View More   View Less  
Source: Walk Score®

Mortgage Calculator

How much home can I afford?

Get prequalified today and learn more.

Get Started

Rental Valuation Estimate

rental value icon
Per Month
See More Trends
Listing Courtesy of: Muhammad Chaudhary - KW CA Premier - Sacramento 283-7500

Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

Data maintained by MetroList® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise "any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination." This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis. Terms of Use
This content last refreshed on 9/27/2024 4:05 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
Prequalify