income properties in sacramento

Sacramento Triplex Fixer Offers Investors Upside Income Potential

sacramento triplex fixer

Sacramento triplex fixer needs work, on almost a half acre.

This Sacramento triplex fixer is finally on the market. The poor seller has been hounded by “well meaning” neighbors asking if they could buy the property, but the seller instead elected to list the triplex with a top Sacramento Realtor working at the top real estate brokerage in Sacramento. You know the name of Lyon Real Estate. You see our signs everywhere.

With nearby duplexes selling in the $220,000 range, imagine what you can do with a triplex for $200,000! It already has 3 meters from SMUD installed.

Competition nearby for sale (within a 1/2 mile) consists of a lonely fourplex listed at $449,000, but that lot is smaller. This parcel shows at .46 acres, per the Sacramento County Assessor’s office, which means it’s almost half an acre! There is also a garage that had been converted.

The property is fenced and secured. The previous tenant trashed the interior, and the sellers spent $5,000, per legal advice, to haul out the trash. The Sacramento triplex fixer is sold in its AS IS present condition. What you see is what you get. There are no warranties and limited disclosures.

Still, this property is situated on a fabulous street in the south Curtis Park neighborhood of Sacramento, that area between Sutterville and Fruitridge and West of Franklin. Below is a view of the street. Looks like everybody could be at work during the day, which is a good sign.

sacramento triplex fixer

Front yard of Sacramento triplex fixer, east view toward Franklin.

2961 29th Avenue, Sacramento, CA 95820 is exclusively offered by Elizabeth Weintraub at Lyon Real Estate at $200,000. Please call your Sacramento Realtor, Elizabeth Weintraub, at 916.233.6759 for more information. Inspect property with offer, and all offers sent to the sellers immediately. Note to agents: please submit an offer on a Probate Purchase Agreement. Fast closing (10 days) is possible, no court approval.

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