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Key Details
Sold Price $945,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 224064197
Sold Date 07/12/24
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1881
Lot Size 0.258 Acres
Acres 0.2576
Property Description
Triplex with 6% cap rate. A once-in-a-lifetime opportunity! Short driving distance from UC Davis. 3 units: single-family house, a duplex, a 4-car garage & RV/boat access in the heart of Woodland. The pro forma rent is 81K/year. The front house is a 3 bed, 2 bath, 1,504 sq.ft home, fully rebuilt from the studs up. Brand-new roof, windows, stucco, electrical, plumbing, tile shower, water heater, laminate & tile flooring, water fixtures, cabinets, quartz countertops, appliances, HVAC system, and landscaping. The basement offers the potential for conversion into a game room or wine cellar. Duplex has completely separate alley access. It has also been rebuilt from the studs up with a brand-new roof, windows, siding, electrical, plumbing, water heaters, tile showers, laminate & tile flooring, cabinets, quartz countertops, appliances, and AC units. Each unit has its own laundry. Unit 121A (Downstairs): 2 bed, 1 bath, 693 sqft, rented for $2,025/month. Unit 121B (Upstairs): 1 bed, 1 bath, 517 sqft, rented for $1,750/month. All work has been permitted. The property includes an oversized 1,128 sqft 4-car garage divided into two 2-car garages. Zoning allows mixed-use.Excellent location, close to everything Woodland offers: walking distance to downtown,library, just 16 minutes from UC Davis
Location
State CA
County Yolo
Area 11412
Direction DO NOT FOLLOW GPS. From I5, take Main St and turn left onto 1st St. GPS will bring you to the 1st Street alley where the duplex is.
Interior
Heating Central
Cooling Ceiling Fan(s), Central
Flooring Laminate
Laundry In Each Unit
Exterior
Garage Detached, Garage
Garage Spaces 4.0
Utilities Available Electric
Water Access Desc Public
Total Parking Spaces 6
Building
Lot Description Curbs/Gutters
Story 2
Foundation Raised, Slab
Sewer In & Connected
Water Public
Schools
Elementary Schools Woodland Unified
Middle Schools Woodland Unified
High Schools Woodland Unified
School District Yolo
Others
Senior Community No
Tax ID 005-633-018-000
Special Listing Condition None
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