Huge Income Opportunity!! 20%+ CAP Rate with only 6 clients! ***Seller Financing may be considered with strong offer and well qualified buyer!!*** This 4660+/- sf, 10 bedroom, 4.5 bath property which sits on a nearly 1/2 acre double lot in a quiet cul-de-sac has been a successful residential care facility (RCFE) for more than 30 years. As per Citrus Heights Planning Dept, up to 20 RCFE or Transitional Housing clients may be permissible with a Use Permit. Or, bring the entire family and have room to spare. Property is setup with client and owner/caretaker living areas separated by a laundry/utility room and has separate central heating and cooling systems and separate PV solar systems. Can easily be re-configured to expand client capacity.
Closed
$905,000
7327 Sovereign Ct, Citrus Heights, CA 95621
10beds
4,666sqft
Single Family Residence
Built in ----
0.49 Acres Lot
$888,900 Zestimate®
$194/sqft
$5,350 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 27, 2024 at 07:35am
Listed by:
Todd Newburn,
Better Homes and Gardens RE
Bought with:
Kyle Renke, DRE #02057311
Keller Williams East County
Source: MetroList Services of CA,MLS#: 224011572Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 4
- Partial bathrooms: 1
Dining room
- Features: Other
Kitchen
- Features: Tile Counters
Heating
- Central, Wood Stove, MultiUnits
Cooling
- Central Air, Multi Units
Appliances
- Included: Gas Cooktop, Range Hood, Dishwasher, Double Oven
- Laundry: Inside Room
Features
- Flooring: Laminate, Tile, Vinyl
- Number of fireplaces: 1
- Fireplace features: Brick, Living Room
Interior area
- Total interior livable area: 4,666 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Faces Front
- Attached garage spaces: 2
Features
- Stories: 2
- Fencing: Fenced,Wood,Masonry
Lot
- Size: 0.49 Acres
- Features: Cul-De-Sac, Other
Details
- Additional structures: Other
- Parcel number: 21103740260000
- Zoning description: RD5
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Brick, Stucco, Frame, Wood
- Foundation: Slab
- Roof: Shingle,Composition
Condition
- New construction: No
Utilities & green energy
- Sewer: In & Connected
- Water: Public
- Utilities for property: Public
Community & neighborhood
Location
- Region: Citrus Heights
Other
Other facts
- Road surface type: Asphalt
Services availability
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Estimated market value
$888,900