Located in the heart of Sacramento's highly desirable Midtown urban core, this mixed-use investment property presents a rare opportunity to acquire a high-quality, low-maintenance asset in one of the region's strongest rental markets. Built in 2014, the property offers investors the advantages of newer construction, reduced near-term capital expenditure risk, and strong tenant appeal compared to the surrounding aging housing stock. The three-story building consists of a ground-floor commercial space and two spacious residential units above, each approximately 1,150 square feet with 2 bedrooms, 1 bathroom, and large private balconies. The residential units feature open-concept floor plans, central HVAC, granite countertops, stainless steel appliances, and premium finishes designed to attract and retain quality tenants. This property's construction date positions it favorably relative to California's rent control regulations, providing investors with greater operational flexibility than many older multifamily assets. Its modern infrastructure, including zonal fire sprinklers, surplus insulation, dual-pane windows, and fire-resistant siding, contribute to energy efficiency, lower maintenance demands and long-term ownership confidence. With its modern construction, favorable regulatory positioning, mixed-use income potential, limited near-term capital expenditure risk, possible return to office for state employees and prime Midtown location, this is an exceptional acquisition for your investment portfolio.
Listing Courtesy of Metrolist / Listed By: David Iniguez-Hall, Coldwell Banker Realty
$849,000 (USD)
Folsom Area Single Family Home
Active
134 Canyon Rim Drive Folsom, CA 95630
4 Bed
3 Baths
2061 sqft
MLS# 226066305
If you're looking for privacy, serenity, and captivating views in one of Folsom's prettiest neighborhoods, welcome to 134 Canyon Rim Drive in American River Canyon South. This beautifully maintained single-story home offers 4 bedrooms, 2.5 bathrooms, and approximately 2,061 square feet on a lot just under one-third of an acre, plenty of room for a pool or hot tub. Only minutes away from beautiful Lake Natoma for beach picnics, kayaking and paddle boarding. Venture up the pathway to the charming vine-covered porch and enter into to generous living spaces featuring real hardwood floors flowing throughout the open floor plan, fresh interior paint, new bedroom carpet and enhanced attic insulation for year-round comfort and efficiency. The kitchen showcases granite countertops, wood cabinetry, stainless steel appliances with recent upgrades including a new induction range, microwave, and dishwasher. Through sliding glass doors in three rooms, enjoy a private backyard retreat with expansive views over the nature preserve, mature landscaping and multiple fruit trees. The covered breezeway is perfect for shaded outdoor living while the nearby canyon preserve creates cool evening breezes. Don't let this rare view and opportunity slip through your fingertips.
Listing Courtesy of Metrolist / Listed By: David Iniguez-Hall, Coldwell Banker Realty
Metrolist / Listed By: David Iniguez-Hall, Coldwell Banker Realty