Amazing Duplex Investment Opportunity! Above market rents with a 7.5 CAP! A 10.1 GRM - One of the better GRM on the market right now. Don't let someone else beat you to it! This corner lot duplex has NEW PAINT, NEW WINDOWS, and NEW GARAGE DOORS. Each unit has 1 bed, 1 Bath, detached garage, and private backyard. Unit 1 has a long time tenant, new hot water heater, and rents for $1488/month. Unit 2 has a fully remodeled bathroom, new appliances, and a recent 12 month lease commitment at $1488/month. Fantastic opportunity to own investment property with low operating cost and excellent CASH FLOW. Property is listed below May 2023 appraised value. Seller is very motivated and wants this easily managed, income earning property sold ASAP. Seller may entertain rate buy down with strong offer.
Sold
$363,000
3440-3446 Cypress St, Sacramento, CA 95838
2beds
1,200sqft
Duplex
Built in 1960
-- sqft lot
$400,700 Zestimate®
$303/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: June 23, 2023 at 04:41am
Listed by:
Victoria Sanfilippo DRE #02033140 530-545-8585,
Jackson Real Estate Group
Bought with:
First Choice Funding & Realty
Source: MetroList Services of CA,MLS#: 223032712
Originating MLS: MetroList Services, Inc.

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Wall Furnace
Cooling
- Ceiling Fan(s), Wall Unit(s)
Features
- Flooring: Carpet, Tile, Laminate, Linoleum
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, On Street, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 1
- Exterior features: Yard Space
- Fencing: Fenced
Lot
- Size: 4,800 sqft
Details
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Stucco, Wood
- Roof: Composition
Condition
- Year built: 1960
Community & neighborhood
Location
- Region: Sacramento
HOA & financial
HOA
- Has HOA: No
Services availability

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Estimated market value
$400,700