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$599,950

Est. payment - /mo

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2,466 SqFt

Pending

37 Morrison AVE Sacramento, CA 95838

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Leopoldo Ramos

realestate@leopoldoramos.com +1(209) 988-2423

UPDATED:

11/01/2024 11:52 PM

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 2,466 sqft

Price per Sqft $243

MLS Listing ID 224117966

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1970

Lot Size 0.872 Acres

Acres 0.8724

Property 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.

Location

State CA

County Sacramento

Area 10838

Direction Take exit 90 toward Norwood Ave. Turn left onto Norwood Ave. Turn right onto Morrison Ave. Turn right. Go for 226 ft.

Interior

Heating Central, None

Cooling Evaporative Cooler, None

Flooring Carpet, Tile

Window Features Dual Pane Partial

Laundry Washer/Dryer Hookups

Exterior

Parking Features RV Storage, Garage

Utilities Available Natural Gas Connected, City, Electric

Water Access Desc Public

Total Parking Spaces 10

Building

Lot Description Shape Regular

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools Twin Rivers Unified

Middle Schools Twin Rivers Unified

High Schools Twin Rivers Unified

School District Sacramento

Others

Senior Community No

Tax ID 250-0351-011-0000

Special Listing Condition None

Listed by eXp Realty of California Inc

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Leopoldo Ramos

Agent | License ID: 02060913

+1(209) 988-2423