$479,900
For Sale

517 Rimmer Avenue

Sacramento, CA 95834
Browse 7 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Creative Opportunity for Visionary Investors! Patience is key! Here is a unique property in a desirable location that calls for a creative investor. The lots need to be finalized and split by seller during escrow with serious buyers. A timeline that may take 90 days or more. Imagine the possibilities: turn this property into a mobile home park, change its zoning to build commercial, build multifamily housing, or explore any other innovative use. However, please confirm and verify all intended uses with the appropriate due dilligence before moving forward. This property once caught the attention of a major anchor franchise many years ago, making it a prime location for future development. Note: This offering is for land only. The single-family residence on the property will remain on its existing lot. Details: Parcel 2: 7,950 SF gross Parcel 3: 7,211 SF gross Parcel 4: 6,251 SF gross Parcel 5: 7,056 SF gross Price: $120,000 per parcel Don't miss out on this prime real estate opportunity!

  • Property Details
      • ZoningResidential, Split Possible, Other
      • Utility SourcePublic, None, Other
      • Utility FeaturesPublic, None, Other
      • Sewer InformationPublic Sewer, None
      • Lot DescriptionSubdivided, Other
      • Property SubtypeResidential Lot
      • CountySacramento
      • MLS #224131195
      • MLS #224131195
      • Property TypePurchase
      • Acres0.7767
      • Cost479900
      • ViewCity

Location

Debra DurbinReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

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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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