Description

Favorable financing lower than conventional, No PMI and a very low downpayment of 3-5%. Prime Income-Generating Rental Property in Sacramento/Citrus Heights. Great duplex opportunity. 1 unit is 2 bedrooms 2 full baths and 1 car garage. Other unit is 2-1-1. Discover a rare chance to own a fully leased, duplex cash-flowing rental property in a thriving neighborhood with strong tenant demand in Sacramento/Citrus Heights! The fully rented duplex offers immediate cash flow upside by updating cosmetics to bring the low rent to market rate. It also has huge upside potential due to the large lot's development potential for future improvements and increased rental income (See List Pic). With stable tenancy already in place, this property is ideal for investors seeking a performing asset with built-in equity growth potential. The two units are currently managed by a local professional property management company and are tenant-occupied. Conveniently located minutes from shopping and dining, with easy access to highways. For comps, checkout recent sale in the area with small square footage and lot at 6409 Mauana Way, Citrus Heights, CA 95610.