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Updated about 2 months ago on . Most recent reply

User Stats

479
Posts
269
Votes
Scott Scoville
  • Real Estate Agent
  • Sacramento, CA
269
Votes |
479
Posts

Buy & Hold Historic Duplex in Sacramento

Scott Scoville
  • Real Estate Agent
  • Sacramento, CA
Posted

Just finished one of our bigger projects. We purchased this buy and hold historic duplex which faces William Land Park in Sacramento. We rehabbed the entire property and added an additional bedroom to each of the units. While we were a bit over budget and slightly over our projected timeline, we were still able to force appreciate the property by $100k. Interested in learning more about the Sacramento market, feel free to DM me.

Purchase Price: $882,250

Rehab: $260,000

Holding Costs: $60,000

Appraised: $1,300,000

Gross Rents: $6,800

business profile image
Scoville Realty & Investments LLC

Most Popular Reply

User Stats

1,117
Posts
886
Votes
Jake Andronico
#5 House Hacking Contributor
  • Realtor
  • Reno, NV
886
Votes |
1,117
Posts
Jake Andronico
#5 House Hacking Contributor
  • Realtor
  • Reno, NV
Replied

@Scott Scoville

Wow, that's a sizable project. Turned out amazing! Congrats!!

  • Jake Andronico
  • 415-233-1796

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