Beautiful house with two units on a huge lot, minutes to downtown.
Fantastic Investment Opportunity with Great Cash Flow! Don’t miss this large corner-lot duplex with the potential to become a triplex in a highly sought-after location! The property includes a city-approved garage conversion for a third unit, making it a versatile option for investors looking to maximize rental income. Each updated duplex unit offers 2 bedrooms and 1 full bathroom, with spacious living rooms and generously sized kitchens that provide comfortable and functional layouts. Located just a short walk from schools, parks, shopping, and public transportation, this property also boasts easy freeway access, ensuring convenience for tenants. Whether you're looking to expand your portfolio or invest in a high-demand area, this property is packed with potential.
3525 Norris Ave Apartments is a fully remodeled single story 5-unit multi-family apartment community in the Carmichael submarket of Sacramento. The subject property sits on a large, 0.56-acre lot, and is nestled in a residential neighborhood adjacent to Mira Loma High School. Residents benefit from close proximity to Interstate 80, the Arden Fair Shopping Mall, and vast amounts of shopping, dining, and employment opportunities. The apartment community features exclusive single-story two-bedroom, one-bathroom floorplans and is zoned RD-20, welcoming 5 more units developed on site. The current ownership group has extensively rehabilitated 80% of the existing units with the scope of work including a new open-concept kitchen and living room design, new private washer/dryer enclosures on back patios/yards, and all new stainless-steel appliances, granite countertops, shaker style cabinets, dual pane windows, mini-split HVAC units, electrical panels, fixtures, can lighting, vinyl plank flooring, and paint throughout. Additional improvements include a new landscaping design in both the front and back of the property, connection to city sewer and permitted abandonment of the old septic system, and new asphalt.
Built in 1956, this 16-unit apartment building (The Arcade Apartments) is conveniently located just blocks away from interstate 80 and the Sacramento Light Rail System, which places residents in close proximity to many Neighborhood shopping conveniences: Starbucks Coffee, Haggin Oaks Golf Complex, Sacramento Softball Complex, Del Paso Park, and a Wallmart Supercenter. The owner has made many building improvements since 2015 including: a termite clearance in 2015; new boiler; plumbing upgrades; new front and rear exterior staircases; new front piers, posts and decking. Many units have been renovated, freshly painted, and have new appliances. The Arden Arcade apartments offers investors the opportunity to immediately increase several rents to market upon vacancy.
Great looking corner duplex at a convenient location. Only minutes from Town & Country Village Shopping Center, downtown, Business Loop I-80, Sprouts, Trader Joe's, parks, and the golf course. The duplex is perfect for investors or home owners looking to live on one side and rent out the other side. Both units are fully remodeled. The Edison unit boast an updated kitchen, new dishwasher, updated bathroom, fresh paint paint inside and out, new vinyl flooring, and new ceiling fans. The Horseshoe unit features new laminate flooring, an updated bathroom, new blinds, new kitchen cabinets, and fresh paint inside and out.
This 10 unit multi-family property is a fantastic investment opportunity, boasting all 1 bedroom and 1 bathroom units. The property features off-street parking for convenience and is currently 100% occupied, providing a steady stream of income for the new owner. Various units have been recently upgraded, offering modern amenities and a fresh look for tenants. The property is surrounded by lush greenbelts, providing a peaceful and scenic environment for residents to enjoy. Conveniently located near shopping, freeways and public transportation, this property is in a prime location for tenants who need easy access to transportation options. Don't miss out on this income-producing property with great potential for growth and profitability!
Calling All Investors! Both units are rented. Front unit, 3410, has long term tenant and back unit, 3412, tenant has been in place over a year. New Roof in 2024. New Driveway in 2024. New Exterior Paint in 2024. Huge yard. Check with City and County regarding potential to add additional home(s) on the property. Great income potential. Below market rents. Close to shopping, schools, restaurants and easy highway 80 access.
Huge price reduction. Investors, Owner Occupants, First Time Buyers. Hard to find 3 bedroom units. Live in one and rent the other. One unit is vacant and remodeled, other unit is rented. Exterior has New roof. New driveway. New paint. 3408 has new kitchen. New bath. New flooring. New paint. Great opportunity to get into multi family investments. Verify with City and County regarding potential for additional home(s), on the property. Huge yard.
This unique investment property can be purchased as it is or repurposed into high density residential as it is zoned RD-30.
The median home value in Sacramento, CA is $492,200. This is higher than the county median home value of $489,000. The national median home value is $338,100. The average price of homes sold in Sacramento, CA is $492,200. Approximately 42.29% of Sacramento homes are owned, compared to 53.78% rented, while 3.92% are vacant. Sacramento 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 Sacramento real estate agent to arrange a tour today!
Sacramento, California 95821 has a population of 95,909. Sacramento 95821 is less family-centric than the surrounding county with 28.85% of the households containing married families with children. The county average for households married with children is 33.01%.
The median household income in Sacramento, California 95821 is $56,805. 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 Sacramento 95821 is 37 years.
The average high temperature in July is 92.9 degrees, with an average low temperature in January of 39.2 degrees. The average rainfall is approximately 20.1 inches per year, with 0 inches of snow per year.