$1,125,000
$1,125,000
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547 I Davis, CA 95616
5,500 Sqft Lot
Key Details
Sold Price $1,125,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20064826
Sold Date 01/21/21
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1960
Lot Size 5,500 Sqft
Acres 0.1263
Property Description
Spectacular triplex steps from the Downtown and UC Davis! Great investment opportunity with many updates. It will not last long! Two units have 2 bedrooms, 1 bath and the third unit is on the second level & has 1 bedroom, 1 bath. New waterproof laminate flooring, new quartz countertops, new carpeting, stainless steel sinks, full dual paned windows, new front yard landscaping, new side fence, interior paint, & more. The property has covered parking & potential backyard parking from the alley behind should you have toy vehicle to park. Large backyards easy to maintain. This income property is a great investment for a 1031 exchange, UC Davis student, or owner occupant. A 1 bedroom and a 2 bedroom are open for your choice to live in and you can rent the other. Wonderful easy living with close proximity to UCD, downtown, Coop Market, downtown restaurants, farmers market, parks and shopping. You cannot go wrong with this purchase & it has potential fantastic cap rate over 5%.
Location
State CA
County Yolo
Area 11401
Direction SF: 80 Exit Richards Blvd. Right on Richards Blvd. over freeway. Go through downtown and take right on 5th Street. Left on I Street. Triplex on your left hand side.
Interior
Heating Wall Furnace
Cooling Window Unit(s)
Flooring Laminate, See Remarks, Linoleum/Vinyl
Window Features Dual Pane Full
Appliance Electric Cook Top
Laundry Washer/Dryer
Exterior
Garage Carport, Varies by Unit
Amenities Available Other
Water Access Desc Meter on Site
Roof Type Composition
Total Parking Spaces 4
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Meter on Site
Architectural Style A-Frame
Schools
Elementary Schools Davis Unified
Middle Schools Davis Unified
High Schools Davis Unified
School District Yolo
Others
Senior Community No
Tax ID 070-341-007-000
Special Listing Condition None
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Bought with RE/MAX Gold, Good Home Group