$250,000
$275,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
0.31 Acres Lot
SOLD DATE : 11/19/2022
Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 222108002
Sold Date 11/19/22
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1963
Lot Size 0.314 Acres
Acres 0.3142
Lot Dimensions 108x125x109x127
Property Description
Sweet Sweat Equity! Very solid sweat equity opportunity here this duplex has outstanding upside potential. This duplex is sitting on a large lot with possible ADU or addition possibility based on the zoning. The property has a mostly stucco exterior and the roof on the duplex was replaced with a 50-year not too long ago. It also has dual pane windows. Each unit is 2-bedroom, 1 bathroom with laundry hookup in each bathroom. The right-hand side unit also has a 2-car garage. Both units have window air conditioners and wall furnace. If you can see beyond the clutter and cosmetic repairs needed there is some great upside here. Please review attached pest report and whole house inspection. The roof over the garage will need some minor repairs. The Rents are well below market. Our research shows an average rent in the neighborhood for a 2-bedroom 1 bath is $1320 per unit. Current GRM 12.38. Proforma GRM 10.25!!
Location
State CA
County Yuba
Area 12409
Direction From Powerline road turn on 8th Ave and then make a right just past Fleming onto the smaller section of 8th AVE.
Interior
Heating Wall Furnace
Cooling Window Unit(s), Varies by Unit
Flooring Carpet, Tile
Window Features Dual Pane Full
Appliance Built-In Gas Range
Laundry Washer/Dryer Hookups
Exterior
Exterior Feature Fenced Yard
Garage Garage
Garage Spaces 2.0
Utilities Available City
Water Access Desc Public
View City
Roof Type Composition
Topography Level
Total Parking Spaces 8
Building
Lot Description Shape Regular
Story 1
Foundation Slab
Sewer In & Connected
Water Public
Architectural Style Ranch
Level or Stories One
Schools
Elementary Schools Marysville Joint
Middle Schools Marysville Joint
High Schools Marysville Joint
School District Yuba
Others
Senior Community No
Tax ID 013-180-049-000
Special Listing Condition None
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Bought with Better Homes Realty