2117 Marconi Avenue, Sacramento, CA 95821 | MLS 223082447 | Listing Information | Real Estate Expert
FOR SALE
$369,000

2117 Marconi Avenue
Sacramento, CA 95821    Directions

Single Family
Residence
2
Beds
1
Baths
1,098
Sq. Ft.
0.16
Acre Lot
Bed Icon
2
Beds
Bath Icon
1
Baths
Living Area Icon
1,098
Sq. Ft.
Lot Size Icon
0.16
Acre Lot
Courtesy: KW CA Premier - Sacramento
Real Estate Reader> California> Sacramento> 95821
INVESTOR'S FANTASY An exceptional opportunity emerges to acquire property lining Marconi Ave with C-2 Commercial zoning, boasting the potential for subsequent commercial development. There is also the potential to enhance rental income upto $250,000 by adding Additional Dwelling Units (ADUs) on each lot, leveraging the CalHFA grant of up to $40,000 for ADU pre-development. This portfolio is strategically situated within the Opportunity Zone - tax deferral program for capital gain and enjoys a substantial average daily traffic (ADT) of 26,926 vehicles along Marconi Ave. In reference to other listings, the portfolio encompasses 8 residential units(4 SFR, 2 DUPLEXES) dispersed across 6 lots. These properties are identified as 2117, 2121, 2125, 2129, 2133, 2137 Marconi Avenue, Sacramento. The portfolio generates income through the rental of 1 Commercial Sign Board. Altogether, these properties, including the Sign Board, yield a gross rental income of $150,000.00. Refer to the attached offering memorandum.
223082447
Residential - Single Family, Traditional, 1 Story
2
1 Full
1940
Sacramento
0.16 Acres
Public
1
Frame,Wood
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Muhammad Chaudhary, KW CA Premier - Sacramento
Agent License: 02075532

All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2021 MetroList Services, Inc. Based on information from MetroList Services, Inc. IDX provided by Constellation Web Solutions.
Courtesy: KW CA Premier - Sacramento
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2021 MetroList Services, Inc. Based on information from MetroList Services, Inc. IDX provided by Constellation Web Solutions.
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Information is deemed reliable but is not guaranteed.