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Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,508 sqft
Price per Sqft $327
MLS Listing ID 224078650
Sold Date 11/19/24
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1997
Lot Size 6,011 Sqft
Acres 0.138
Property Description
INCREDIBLE INVESTMENT OPPORTUNITY Nestled in the bustling core of Downtown Davis, just minutes away from UC Davis, this duplex presents an exceptional investment opportunity. Positioned on the south side of 3rd Street,the main thoroughfare to the UCD campus,and surrounded by a vibrant array of restaurants and shops, convenience and allure define this property. The duplex boasts a substantial footprint, offering a total of 10 bedrooms and 4 bathrooms across Units A & B. Each unit features 5 bedrooms and an office. With 2 bathrooms, a one-car garage, spacious living areas, and kitchens ideally suited for student or professional tenants, these units are designed for maximum occupancy and comfort. The layout includes two bedrooms on the lower level and three bedrooms + office upstairs, ensuring flexible living spaces for occupants.Presenting a testament to its attractiveness, the property has maintained full occupancy for the past 18 years, underscoring its appeal and reliability as an income-generating asset. Recent enhancements include a new roof. With its prime location and robust rental demand due to proximity to UC Davis, the duplex will have a strong rental income making it an attractive proposition for investors seeking reliable returns.
Location
State CA
County Yolo
Area 11401
Direction From west bound third left on J to two story property on your right.
Interior
Heating Central
Cooling Central
Flooring Carpet, Vinyl
Window Features Dual Pane Full
Appliance Free Standing Gas Oven, Free Standing Gas Range, Gas Water Heater, Dishwasher, Disposal
Laundry Washer/Dryer Hookups
Exterior
Garage Attached, See Remarks
Garage Spaces 2.0
Utilities Available Natural Gas Connected
Water Access Desc Meter on Site,Public
Roof Type Composition
Topography Level
Total Parking Spaces 6
Building
Lot Description Auto Sprinkler F&R, Landscape Front, Other
Story 2
Foundation Slab
Sewer In & Connected, Public Sewer
Water Meter on Site, Public
Architectural Style Traditional
Level or Stories One, Two
Schools
Elementary Schools Davis Unified
Middle Schools Davis Unified
High Schools Davis Unified
School District Yolo
Others
Senior Community No
Tax ID 070-312-016-000
Special Listing Condition None, Other
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Bought with RE/MAX Gold, Good Home Group