Ron Benning

Opportunity Knocks! Introducing an excellent investment opportunity at 3454 Mabel St, Sacramento, CA 95838-4158 ! This rare find is a duplex featuring two 3-bedroom, 1-bathroom units with stucco exterior, dual pane windows, central heat and air, as well as tile and laminate flooring.​ While some updates have been made, there is room to add value through cosmetic enhancements.​ The seller is offering a 2% closing cost repair credit, making it easier to bring this duplex up to its full potential.​ Currently generating a total rental income of $49,680 with room for growth, this property is a lucrative investment with a Gross Rent Multiplier of 12.31.​ One unit is rented for $2,300 under Section 8, while the other fetches $1,800.​ Located in a high-demand area, there is significant upside potential in increasing rents to market standards.​ Don't miss this chance to own a profitable income property in Sacramento! See all Duplexes in Sacramento Now and How We Can Help You!

These two bargain-priced lots are available for the first time ever. These 2 contiguous Lots totaling .288 Acres have Great Potential. The Current use is as a Cabana Club. There is a pool and Equipment building with a bathroom. The pool needs resurfacing and to be brought up to the current code to continue in its current use (we have a bid for this). There is easement access to the lot behind the adjacent Fourplexes. It is our understanding that the lots can be combined for a minimal cost. It would seem the highest and best use would be to build a multifamily unit on the combined lot, but there are other possible uses too. We have considered when pricing the cost to either cure the current use or to remove the existing structure and pool to turn it back into a blank slate for other building opportunities. There is already power and utilities to the lot. The second APN Included in the sale is 294-0022-029-0000. The seller makes no representations about development use approval by the building department. The lots are Zoned RD- 20 which is consistent with Multifamily Use. Bids for Pool repair and Demolition available by request. This must be a cash sale with no carryback due to ownership status. The entity will be dissolving upon the sale of these assets. Please submit proof of funds with your offer. The property has a gate that is locked. Please call the listing agent to access the lots or with any additional questions.These two bargain-priced lots are available for the first time ever. These 2 contiguous Lots totaling .288 Acres have Great Potential. The Current use is as a Cabana Club. There is a pool and Equipment building with a bathroom. The pool needs resurfacing and to be brought up to the current code to continue in its current use (we have a bid for this). There is easement access to the lot behind the adjacent Fourplexes. It is our understanding that the lots can be combined for a minimal cost. It would seem the highest and best use would be to build a multifamily unit on the combined lot, but there are other possible uses too. We have considered when pricing the cost to either cure the current use or to remove the existing structure and pool to turn it back into a blank slate for other building opportunities. There is already power and utilities to the lot. The second APN Included in the sale is 294-0022-029-0000. The seller makes no representations about development use approval by the building department. The lots are Zoned RD- 20 which is consistent with Multifamily Use. Bids for Pool repair and Demolition available by request. This must be a cash sale with no carryback due to ownership status. The entity will be dissolving upon the sale of these assets. Please submit proof of funds with your offer. The property has a gate that is locked. Please call the listing agent to access the lots or with any additional questions.

The property boasts two recently installed AC units. All four units are two-bedroom and one-bath each. Each unit has its own washer and dryer, as well as a cozy fireplace in the living room. Due to the pride of ownership, lots of improvements have been made to the units. The owner has recently invested $6,000 in unit C. Unit A has newer windows, blinds, and refrigerator. Unit B has newer washer, cabinets, counters, sink, faucet, dishwasher, and toilet The 4-Plex is in a private gated community that features a pool, spa, and playground.

Clean Triplex Surrounded by Houses.​ Potential Cash Cow Introducing Vincente Way Triplex , a prime investment opportunity nestled in the desirable Stockton neighborhood.​ This clean and well-maintained triplex consists of three spacious 2-bedroom, 1-bath units, each featuring a covered carport and private patio area.​ With recent updates including new appliances, renovated kitchens, and refreshed bathrooms, this property offers modern living spaces for tenants.​ The two vacant units present a lucrative income opportunity, with an estimated total scheduled gross income of $62,820 per year.​ One unit is currently rented at $1670.​ Assuming the other units are rented for the same amount, the property would have a scheduled gross income of $60,120.​ This translates to a GRM of 10.34.​ Rentometer Pro suggests an average rent of $1659 for 2-bedroom, 1-bath units in the area.​ Take advantage of the shared laundry facilities and storage closets for each unit, adding convenience for tenants.​ Located at 429 Vincente Way, Stockton, CA 95207 , this triplex is a standout investment in the market.​ Don't miss out on this chance to own a profitable income property in a sought-after location.​ Offer with confidence knowing the seller has had a whole house inspection and a pest inspection.​ Click this link to see all Multifamily Listings near this property.​

Opportunity Knocks on this Vibrant Oak Park Duplex.​ Both units have 2 bedrooms and 1 bath.​ Both units were renovated in 2021.​ Both units feature wood laminate flooring, granite countertops, stainless steel kitchen sinks, and new kitchen cabinets with gas stoves.​ Updated bathrooms with a solid surface shower surround upstairs, tile shower surround downstairs, & updated vanities with granite countertops in the downstairs bathroom.​ There is central heating and air upstairs and, wall-mounted heat and air conditioning downstairs.​ The current rent downstairs is $1500 per month and proforma rent upstairs of $2027 per month according to Rentometer Pro (see enclosed report).​ Total proforma monthly income is $3,527 with an annual Proforma income of $42,324 and a Proforma GRM of 12.7 This duplex is located in one of the most sought-after neighborhoods in Sacramento with new development all around it and close to downtown, local hospitals, and many other lifestyle amenities.​ See All Sacramento Multifamily Properties Now!

Ron Benning

About Ron Benning

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Recent property sales & transaction history

5 properties

Sacramento

Family Home

$600,000

2,100 ft² to 2,300 ft²

Properties for sale by listing agent Ron Benning

$549,500

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Ron Benning

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