This charmingly updated duplex, situated in a desirable neighborhood, presents an exceptional opportunity for investors or first-time homebuyers looking to establish a real estate portfolio. One unit can be occupied while the other generates a steady stream of cash flow. Both units are generously sized, one has been recently fully remodeled and has an RV access. Each unit offers two bedrooms and one bathroom with high vaulted ceilings. Each also includes a one-car garage, laundry hookups, and a private yard. The exterior has been recently painted, adding to the curb appeal. One long-term tenant has resided in 2655 for over eleven years. The location is ideal, with easy access to HWY 50 freeway, shopping centers, restaurants, parks, and schools.
Excellent turn-key investment. A great opportunity to own a beautiful duplex, centrally located on a quiet cul-de-sac near shopping & restaurants. Both sides have 2 bedrooms, 1 full bath, & a 1-car attached garage with laundry hookups, featuring a spacious Living Room & Dining area with sliding doors to a patio and large private backyard. Close to everything; public transportation, award-winning schools, colleges, shopping, parks & freeway access. PLEASE DO NOT DISTURB TENANTS. Long term tenants on Month-to-Month leases. Tenants pay separately metered gas & electricity. Rents are $1,526 & $1,595 per month. In addition to rents, tenants also pay a total of $55 combined per month, towards sewer/water/garbage. Total monthly income is $3,176. Total annual income is $38,112. GRM is 14.4 and 7.1% Cap Rate. A fantastic investment opportunity with lot of potential!
Investor opportunity! This duplex property features TWO 3 bed/1.5 bath units. Great property for investors wanting to add to their portfolio. This duplex is located in a tucked away cul-de-sac which is close to shopping and public transportation. Please do not disturb the tenants. Both units have long-term tenants who would like to stay.
The median home value in Rancho Cordova, CA is $481,000. This is lower than the county median home value of $489,000. The national median home value is $338,100. The average price of homes sold in Rancho Cordova, CA is $481,000. Approximately 53.67% of Rancho Cordova homes are owned, compared to 42.25% rented, while 4.08% are vacant. Rancho Cordova real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Rancho Cordova real estate agent to arrange a tour today!
Rancho Cordova, California 95670 has a population of 78,358. Rancho Cordova 95670 is more family-centric than the surrounding county with 37.95% of the households containing married families with children. The county average for households married with children is 33.01%.
The median household income in Rancho Cordova, California 95670 is $77,044. The median household income for the surrounding county is $76,422 compared to the national median of $69,021. The median age of people living in Rancho Cordova 95670 is 34.7 years.
The average high temperature in July is 93.3 degrees, with an average low temperature in January of 39.3 degrees. The average rainfall is approximately 20.3 inches per year, with 0 inches of snow per year.