5001 37Th Ave Sacramento, CA 95824
Two-unit duplex, high rental income, excellent location
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- $524,980 asking price for a 2-unit multifamily property in Sacramento, CA.
- Excellent location near UC Davis, Sac State, and freeway 99.
- Recent upgrades including a new roof (2018), kitchen remodel (2019), and new water heaters (2021).
- Strong tenant history with long-term leases (3+ and 6+ years) and on-time rent payments, generating $32,160 annual income.
- Significant upside potential due to below-market rents. Suitable for 1031 exchange (up to $1,025,000 with additional property).
- Ideal for owner-users, investors, or those seeking a live-in/rent-out opportunity.
Property Details for 5001 37Th Ave
- Property type
- Residential income homes, Apartment buildings
- Square Feet
- 1,906 SF
- Year Built
- 1962
- Buildings
- 1
- Stories
- 1
- Units
- 2
Location Insight
- City
- Sacramento
- County
- Sacramento
- State
- California
- Latitude
- 38.519645121811
- Longitude
- -121.44683972171
Nearby Similar for Sale
FAQs
- What type of property is this?
- Residential income home - Two-unit duplex, high rental income, excellent location
- Where is the residential income home located?
- The property is located at 5001 37Th Ave Sacramento, CA.
- What is the asking price?
- The asking price for this property is $524,980.
- What are key features of this property?
- This property features: $524,980 asking price for a 2-unit multifamily property in Sacramento, CA.; Excellent location near UC Davis, Sac State, and freeway 99.; Recent upgrades including a new roof (2018), kitchen remodel (2019), and new water heaters (2021).
- How can I contact the broker?
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