$599,950
For Sale

37 Morrison Avenue

Sacramento, CA 95838
2466 sqft | 0.87 acres | #224117966
Browse 18 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

**Unlock Your Investment Potential!** Discover the endless possibilities with this spacious 2,466 sq. ft. home situated on a .087-acre lot, zoned M-1-PUD (Light Industrial). This unique property features 5 bedrooms, a versatile loft, a family room, a living room, a dining area, a kitchen, alongside 3 full bathrooms and a 2-car garage. With ample space on the lot to accommodate motorhomes, semi-trucks, excavators, etc. This location is perfect for both residential and potential business ventures. Currently, 4 rooms are being rented out downstairs, while the upper level has 3 additional rooms that could also be rented, maximizing your investment return. A large loft upstairs and a family/bonus room downstairs add to the rental appeal, allowing for a total of 7 income-generating rooms. With a projected gross monthly rental income of $6,600 after some repairs, the potential is significant. Check out the Sacramento City Planning Article 1 zone-Permitted uses for M-1. Conveniently located near freeway access, this property offers not just a home but a strategic investment opportunity. Matterport video tour are available upon request.

  • Interior Details
      • Cooling FeaturesEvaporative Cooler, None
  • Property Details
      • Lot DescriptionShape Regular
      • Stories2
    • Measurements
      • Acres0.8724
      • Square Feet2466
    • Parking
      • Parking FeaturesRV Storage, Garage
      • Parking TypeGarage
      • Parking Spaces10
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1970
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesNatural Gas Connected, City, Electric
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountySacramento
      • ZoningM-1-PU
  • Other
      • MLS #224117966

Location

Debra DurbinReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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