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Property Description

Investor's Dream! Two Charming Homes in Historic Folsom! Incredible opportunity to own two homes generating a combined $5,800 per month in one of Folsom's most desirable locations! Perfect for investors looking for strong cash flow or owner-occupants who want to live in one home and rent out the other to offset their mortgage. The front house is approximately 1,000 sq ft with 2 bedrooms and 1 bathroom, currently rented for $3,000 per month. The back house is approximately 750 sq ft with 2 bedrooms and 1 bathroom, rented for $2,800 per month. Each home has its own private backyard and dedicated storage space in the garage. Located within walking distance to lively Sutter Street, known for its fantastic restaurants and shops, and just minutes to the scenic American River. The front home has been tastefully updated with laminate and tile flooring, and features a spacious kitchen with modern appliances and sleek granite countertops. The back home was fully remodeled in 2019 down to the studs with new LVP flooring, quartz countertops, new cabinets, roof, plumbing, HVAC, and more offering a fresh, contemporary living space ready for move-in. Don't miss this golden opportunity to own two income-producing homes in the heart of Historic Folsom!

Overview

Property Status
Pending
Lot Size
7,000 Sq.Ft.
MLS ID
225052118
Property Type
Residential
Year Built
1941

Features & Amenities

Neighborhood
Folsom
Architecture Styles
Other
Stories
1
Garage Spaces
2.0
Water Source
Public
Roof
Composition
Parking
Detached
Heat Type
Central
Air Conditioning
Ceiling Fan(s), Central Air
Sewer
Public Sewer
Substructure
Raised
School District
Sacramento
Sales Price
$899,000
Zoning
R-1-M

Downloads

304 Coloma Street

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  • Don't miss this opportunity to own two income-producing homes.

    Ryan Grob

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