If I can park the 388k ($415-27k) for one year at CD rate of 4.5% and then est 300k (after paying cap gain/depr recap) at 3.0% (assume CD rates lower) that interest income of about 24 months net of ordinary income tax is about the same as my current mortgage.Trying to play devil's advocate and think why selling this year does not make sense. 

if you are going to do things like include utilities, or have an off street parking spot, other amenities etc, there's no reason in my mind you couldn't "charge a premium" for a premium unit/service. 

While the location is great, parking is an issue, and can really only accommodate about 4 - 5 cars total at time reasonably. 

Investment Info:

Single-family residence hard money loan investment.

Purchase price: $75,000

Cash invested: $85,000

Single family. Turned into 4 beds, 2 baths. Reframed entire first floor to due prev...

We purchased this buy and hold historic duplex which faces William Land Park in Sacramento.

If you go RBTR, here are a few key criteria I've seen to assure comfort of living and lower vacancy / turnover:- at least 400sqft per tenant and no more than 2 tenants to 1 full bath -excess parking where folks aren't blocking each other in and you're not getting complaints from your neighbors about overtaking the street parking.

Free, free parking   Samar S. 

Mobile home parks?

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Rather sleep in a trailer or van in the parking lot.