Buy & Hold Historic Duplex in Sacramento

[Scott Scoville]

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