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3111 Chettenham DR Rancho Cordova, CA 95670
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Key Details
Sold Price $524,595
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 221047081
Year Built 1979
Lot Size 0.262 Acres
Property Description
Excellent turn-key investment. A great opportunity to own a duplex in a beautiful centrally located area of Rancho Cordova. Located on a quiet cul-de-sac, one unit has 3 bedrooms, 2 full baths, & a 1-car garage. The other unit has 2 bedrooms, 2 full baths, & a 1-car garage. Both units feature spacious Living Rooms w/ cozy fireplaces, Master Suites, fenced back yards, & laundries hookups. Both sides have newer HVAC units. Large 11,400 sq.ft. lot with possible RV access. Close to everything; award winning schools, shopping, parks & easy freeway access. PLEASE DO NOT DISTURB THE TENANTS. All units are rented. Rents are below market. Total annual rents are $24,000. GRM is 20.38 & 4.9 Cap Rate. Potential annual rents of $36,600 with a GRM of 13.36 and Cap Rate of 7.5%! A fantastic investment opportunity.
Location
State CA
County Sacramento
Area 10670
Interior
Heating Central
Cooling Ceiling Fan(s), Central
Flooring Carpet, Vinyl, Linoleum
Laundry In Each Unit, Washer/Dryer Hookups
Exterior
Exterior Feature Fenced Yard, Yard Space
Garage Garage
Garage Spaces 2.0
Utilities Available Electric
Roof Type Composition
Building
Lot Description Corner, Cul-De-Sac, Curbs/Gutters
Story 1
Foundation Slab
Sewer In & Connected
Water Meter on Site, Private
Schools
Elementary Schools Folsom-Cordova
Middle Schools Folsom-Cordova
High Schools Folsom-Cordova
School District Sacramento
Others
Special Listing Condition None
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Bought with Lyon RE Folsom
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