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1519 Tessa AVE Sacramento, CA 95815
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Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20080670
Sold Date 03/26/21
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1928
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 36x101x106x50
Property Sub-Type Duplex
Property Description
Great Opportunity on this Light fixer value add 2 houses on 1 lot. The front unit is 2 bedrooms and 1 bathroom and is currently rented for $900 a month rear unit is 1 bedroom and 1 bathroom and is rented for $720 a month. Current GRM is 13.36 This property has some significant upside in rent potential. Market rents are $1250 and $1021 for a total proforma rent of $27,252. Proforma GRM even after repair costs are still in the 10 X Gross income range. See beyond the clutter for great upside potential. Mainly cosmetic repairs needed. Pest report available.
Location
State CA
County Sacramento
Area 10815
Direction From Bus 80 Take El Camino, Right onto Del Paso Blvd, then right onto Tessa.
Interior
Heating Wall Furnace
Cooling Window Unit(s)
Flooring Carpet, Tile, Vinyl
Window Features Window Coverings,Window Screens,Varies by Unit
Appliance Free Standing Gas Range
Laundry Washer/Dryer Hookups
Exterior
Exterior Feature Yard Space
Parking Features Uncovered
Utilities Available Natural Gas Connected
Water Access Desc Public
View City
Roof Type Composition
Topography Level
Total Parking Spaces 4
Building
Lot Description Shape Irregular
Story 1
Foundation Concrete, Raised, Slab
Sewer In & Connected
Water Public
Architectural Style Bungalow, Ranch
Level or Stories One
Schools
Elementary Schools Twin Rivers Unified
Middle Schools Twin Rivers Unified
High Schools Twin Rivers Unified
School District Sacramento
Others
Senior Community No
Tax ID 265-0152-012-0000
Special Listing Condition None
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Bought with Portfolio Real Estate
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