1805 V ST SACRAMENTO CA 95818
Rare Midtown Duplex Build in 1986!
Marketing description
Rare 1986-Built Midtown Duplex | Turnkey Investment Producing $5,300 Per Month!
Appraisal in April came in at $920,000 market approach and $927,500 income approach. Beautifully updated duplex offering the advantages of newer construction in a central Sacramento location where many comparable properties were built decades earlier. Featuring one townhouse-style 2-bedroom unit and one upper-level 2-bedroom flat, both residences have been updated with shaker cabinetry, solid surface countertops, stainless steel appliances, remodeled bathrooms, luxury vinyl plank flooring, dual-pane windows, fireplaces, private laundry, attached one-car garages, and private fenced outdoor spaces. Current rents of $2,800 and $2,500 per month generate $5,300 monthly ($63,600 annually) with a GRM of approximately 13.34. Additional features include newer HVAC systems, separate gas and electric meters, composition roof, and low-maintenance landscaping. Conveniently located near Midtown, Downtown, UC Davis Medical Center, shopping, dining, parks, and major commuter routes. Excellent opportunity for investors, owner-occupants, or 1031 exchange buyers.
Investment highlights
- Rare 1986 Construction – Newer than many surrounding Midtown duplexes
- Duplex with Two 2-Bedroom Units
- One Townhouse-Style Residence & One Upper-Level Flat
- Current Gross Income: $5,300/month ($63,600 annually)
- Current GRM: Approximately 13.34
- Updated Kitchens with shaker cabinetry and solid surface countertops
- Stainless Steel Appliances included
- Updated Bathrooms
- Luxury Vinyl Plank Flooring
- Dual-Pane Windows
- Fireplaces in both units
- Private Laundry Areas
- Attached One-Car Garage for each unit
- Additional Off-Street Parking
- Private Fenced Outdoor Areas
- Separate Gas & Electric Meters
- Composition Roof
- Newer HVAC Systems
- Low-Maintenance Landscaping
- Excellent Midtown/Downtown Location
- Minutes to UC Davis Medical Center
- Close to restaurants, coffee shops, shopping, entertainment, and parks
- Convenient access to major commuter routes
- Excellent opportunity for investors, owner-occupants, or 1031 exchange buyers
- Strong in-place rental income
- Broad tenant appeal due to desirable floor plans
- Modern construction compared to much of the surrounding housing stock
- Turnkey condition with numerous interior updates
- Attractive long-term hold in one of Sacramento's most established urban neighborhoods
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