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811 Arthur StreetDavis, CA 95616
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
This 2 bed, 1 bath duplex (on each side) offers a combined 2032 sq ft of living space on a spacious 7300+ sq ft lot. Situated on a desirable street just minutes from UC Davis and the 113 freeway, it provides easy access to campus, shopping, and dining. Inside, you'll find bright, open-concept interiors with a great flow. New roof 2019, New HVAC 2017 for 811 side, New water heaters 2018 & 2021. While the original finishes could benefit from some updates, the property is clean and well-maintained for a higher return. Each unit features indoor laundry closets, nice-sized bedrooms, and sliding glass doors leading to large fenced backyards, perfect for outdoor living, entertaining, or more importantly expansion. Additional highlights include a front courtyard and covered carport parking. Both units are leased through August 2025, generating an immediate rental income of $4,550/month, with an estimated ~5% Cap Rate. The property's prime location and long-term tenants make it an excellent opportunity for investors. With so much space and flexibility, it's also a great option for future owner-occupiers looking for extra rental income. This duplex offers solid bones and endless possibilities an ideal investment in a prime location!
a week ago | Listing updated with changes from the MLS® | |
a week ago | Status changed to Pending | |
a month ago | Listing first seen on site |
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Information last updated 2024-10-29 05:00 PM PDT
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