What's the next best thing to living within crawling distance of Trader Joe's in East Sacramento? Living within crawling distance of Trader Joe's in an updated duplex that you bought for less than $300,000, that's what. Not only that, but it comes with a couple of garages and extra parking. How do you like those apples? With a few slices of guyere from Trader Joe's, I bet.
This is buying a home and buying an investment rolled into one transaction. You've got a one bedroom unit in the front, which is presently rented on a lease at $950 a month, and you've got a one bedroom unit in the rear for yourself. You can be a landlord and a homeowner at the same time, which will dramtically cut your mortgage payment, too. This is truly affordable.
And it's so adorably cute. If you're a single guy, women will flock to you for your good taste. If you're a single woman home buyer, you will feel right at home the day you move in. It's got hardwood floors, beautifully refinished hardwood floors. Crown molding. Ceramic floors in the kitchen and bath. Indoor laundry -- yeah, no more running to the laundromat.
The back unit is far enough away from 51st Street, that you're unlikely to hear any traffic noise. You can probably sleep in on a Saturday morning. The garage, if you choose not to park in it, will give you extra storage space, too. It doesn't get any better than this. FHA will make a loan on this for 3.5% down to qualified buyers. Call your real estate agent, call your mortgage broker, or call your East Sacramento agent, Elizabeth Weintraub, at 916 233 6759. For a private showing, call Linda Swanson at 916 607 0111. But hurry. Opportunities like this for homes in East Sacramento don't come along very often!
1482 51st Street, Sacramento, CA 95819, is offered exclusively by Lyon Real Estate at $299,000. The front unit is #1480 but it doesn't show up in the assessor's records by the front unit, it is noted by the back unit. Elizabeth Weintraub is the listing agent. Call 916 233 6759 for more information.
Photos: Linda Swanson
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Certified HAFA Specialist
My Sacramento Real Estate Listings
Elizabeth Weintraub is an author, home buying columnist for The New York Times-owned About.com, a Land Park resident, and a Land Park real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout the four-county Sacramento area. Call Elizabeth Weintraub at 916.233.6759. Put 35 years of real estate experience to work for you. Broker-Associate at Lyon Real Estate. DRE License # 00697006.
The Short Sale Savior, by Elizabeth Weintraub, available at Amazon.com.
Lyon Real Estate is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan.
Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.
The views expressed herein are Weintraub's personal views and do not reflect the views of Lyon Real Estate.
Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice. It could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.
Elizabeth, this looks great! I have a couple ladies who are looking for something like this I will run it by!
Less than $300,000 for a duplex in East Sacramento, near Trader Joes? It doesn't become much better of a buying opportunity than that:-)
A home and an investment Elizabeth, what a terrific deal. Thanks for presenting this one.
Hi Elizabeth, That's a nice little place for the money. Other than the color, it reminds me of a place where I lived in South Fla back in the late 70's