5654-5652 Broadway, Sacramento, CA 95820

5652-5654 Broadway is a one of one investment and development opportunity located in the heart of Tahoe Park. The property features a single-story duplex situated on a 12,800 SF parcel of land plus an additional 6,400 SF parcel located behind the duplex, for a total parcel size of 19,200 SF (.44 Acres). Both duplex units were extensively renovated in 2023 including all big ticket items such as roof, gutters, plumbing, electrical, exterior stucco, exterior/interior paint, dual pane windows, kitchens, bathrooms, flooring, and lighting. Each unit currently benefits from a fenced front and backyard, as well as a large shared parking area that is accessed via gated driveway off Broadway. The ownership has thoughtfully completed preliminary plans to construct six (6) additional ADUs on the residual land surrounding the duplex for a total of 8 units. The market rent for both units is $2,650 per month which results in a in-place cap rate of 4.45%. Collect passive income to offset expenses while constructing the additional units OR just collect stable rent. The property is .2 miles from Tahoe Park and .75 miles from UCD Medical Center and Aggie Square, a $1 billion state-of-the art medical and research facility employing highly skilled and paid transient employees.