3515 Altos aveSacramento, CA 95838
Sacramento County
Description
Turnkey duplex investment at 3515-3517 Altos Ave in Sacramento, fully renovated and already producing strong income. Both units were completely updated between late 2024 and 2025, so a new owner can step in with no repairs to plan for and no deferred maintenance to worry about. Each unit features a brand-new kitchen with new cabinetry and quartz countertops, new vinyl flooring throughout, and updated bathrooms with new tiled showers and new shower valves. Major systems have also been replaced, including new roofs and new furnaces, which means the costly big-ticket items are already taken care of. Income is in place from day one. Each unit rents for $2,600 per month, for a combined $5,200 per month, or $62,400 per year in gross rent. Both tenancies are subsidy-backed, with one supported through the Section 8 program and the other through Shelter, Inc., providing dependable, government- and agency-supported rent payments. Tenants pay all utilities, which keeps the owner's operating costs low and the net income strong. This is an ideal opportunity for investors seeking a low-maintenance, cash-flowing asset in a growing Sacramento rental market. Located in the 95838 area with convenient access to major freeways and downtown Sacramento, this renovated, fully occupied property is priced to perform and ready for a buyer who wants stable returns without the work of a rehab. Tenants are in place. Please do not disturb the occupants. Showings by appointment only with proper notice.
Property Information
- Property type
- Residential Income
- Sub-type
- Duplex
- Style
- A-Frame / Mid-Century / Traditional / Victorian
- Year built
- 1991
- Stories
- 1
- Living area
- 1,960 Sq Ft
- Lot size
- 0.16 acres
- Garage spaces
- 2
- Parking spaces
- 6
- MLS® Listing#
- 226129789
Property Features
- Exterior
- Playground
- Appliances
- Free-Standing Gas Oven · Free-Standing Gas Range · Free-Standing Refrigerator · Built-In Gas Oven · Gas Cooktop · Built-In Gas Range · Gas Water Heater · Built-In Refrigerator · Dishwasher · Microwave
- Cooling
- Wall Unit(s)
- Heating
- Central · Floor Furnace · Natural Gas
- Flooring
- Vinyl
- Basement
- None
- Parking
- Attached · Detached · Garage · Guest · Inside Entrance
- Laundry
- Washer Hookup · In Unit
- Patio
- Covered · Patio
- Lot features
- Level · Private · Garden
- Construction
- Frame · Lap Siding · Wood Siding
- Foundation
- Raised
- Roof
- Shingle
- Windows
- Double Pane Windows
- Utilities
- Natural Gas Connected · Sewer Connected
- Sewer
- Public Sewer
- Water source
- Public
Schools
- District
- Sacramento
Financial Details
- HOA
- None
- Annual taxes
- $6,800
- Parcel number
- 250-0150-020-000
Directions
West Del Paso Heights / North Sacramento area. That puts it north of the American River, a few miles north of downtown Sacramento
Listing Courtesy: eXp Realty of Northern California, Inc. - 8885849427
Presented by: Dragan Omcikus
CA DRE# 01520140. Kris Klair Broker
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