2137 Marconi Avenue
2137 Marconi Avenue
$435,000
3
1
1,349
1,349
$322
Description
INVESTOR'S FANTASY An exceptional opportunity emerges to acquire property lining Marconi Ave with C-2 Commercial zoning, boasting the potential for subsequent commercial development. There is also the potential to enhance rental income upto $250,000 by adding Additional Dwelling Units (ADUs) on each lot, leveraging the CalHFA grant of up to $40,000 for ADU pre-development. This portfolio is strategically situated within the Opportunity Zone - tax deferral program for capital gain and enjoys a substantial...INVESTOR'S FANTASY An exceptional opportunity emerges to acquire property lining Marconi Ave with C-2 Commercial zoning, boasting the potential for subsequent commercial development. There is also the potential to enhance rental income upto $250,000 by adding Additional Dwelling Units (ADUs) on each lot, leveraging the CalHFA grant of up to $40,000 for ADU pre-development. This portfolio is strategically situated within the Opportunity Zone - tax deferral program for capital gain and enjoys a substantial average daily traffic (ADT) of 26,926 vehicles along Marconi Ave. In reference to other listings, the portfolio encompasses 8 residential units(4 SFR, 2 DUPLEXES) dispersed across 6 lots. These properties are identified as 2117, 2121, 2125, 2129, 2133, 2137 Marconi Avenue, Sacramento. The portfolio generates income through the rental of 1 Commercial Sign Board. Altogether, these properties, including the Sign Board, yield a gross rental income of $150,000.00. Refer to the attached offering memorandum.
- Listed by Muhammad Chaudhary • DRE #02075532 • KW CA Premier - Sacramento
Property Details for 2137 Marconi Avenue
Parking Features
1/2 Car Space, No Garage, RV Access, RV Possible, Detached, Workshop in Garage
Architectural StyleRanch
ZoningC-2
Location
LISTING UPDATED: 02/27/2024 12:20 PM
Property Details for 2137 Marconi Avenue
Status | Active |
---|---|
MLS # | 223082516 |
Days on Compass | 290 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1940 |
Lot Size | 0.16 AC / 6,969 SF |
County | Sacramento County |
Location
Building Information for 2137 Marconi Avenue
Stories1Year Built1940Building Size-Lot Size0.16 AC / 6,969 SF
Payment Calculator
$2,639 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2137 Marconi Avenue
Property History for 2137 Marconi Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2137 Marconi Avenue
Taxable ValueLand$108,958Additions$148,019Total$256,977
Tax Record2023$3,178 ($265 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,326 SqFtAbove Grade Finished SqFt1,326 SqFtStories1Lot Size6,970 SqFtStyleSingle Family ResidenceYear Built1959ZoningC-2CountySACRAMENTOAPN266-0170-022-0000
Schools near 2137 Marconi Avenue
This home is within San Juan Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 12 | |||
Charter - | K to 5 | |||
Charter - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Dyer-Kelly Elementary School PublicK to 5 | ||
Encina Preparatory High School Public6 to 12 | ||
Aspire Alexander Twilight Secondary Academy Charter6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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