Substantially updated 2 houses and 1duplex on 1 lot.The property also features a detached shared outbuilding/garage for the rear duplex. All interiors have been recently renovated. The Duplex units have big private backyards. Each duplex unit is 2 bedrooms and 1 bathroom. The two front houses share a large back yard. The front houses are A 3 bedroom, 1 bath and a 1 bedroom, 1 bathroom. The owner has just installed a new septic system. The utilities on this property are substantially lower than normal since the tenants pay for garbage and the septic system maintenance is substantially less than properties on City sewer. Sutter is just a few minutes' drive from the booming towns of Yuba City and Marysville and about an hour from Sacramento. Affordable housing is always in short supply in the area. Monthly income is $4,000 a month with a estimated cap rate of 5.25% See attachments for extensive list of extensive recent repairs and rent analysis.
|--||New Value: $650,000|
|9/17/2021 4:01:50 PM||New Value: Pending|
|8/13/2021 5:03:02 PM||New Value: Active|
|8/9/2021 8:02:43 PM||New Value: Pending|
|7/17/2021 9:02:00 PM||New Value: $650,000|