Two New Bank Owned Duplexes Just Hit the Market…!

One of these is the best I’ve seen in a while, the other has location but needs some work.

I woke up this morning and got the update in my email account.    I was excited to see some new Bank Owned/REO Duplexes hit the market.   So… I made an effort to get out and about this morning early to get some pictures and video completed before my next appointment at 1PM because I know neither one of these properties is going to be on the market long.

Property #1 – Let’s start with 5516-A&B Marconi, Carmichael, Ca – This is a 3 bedroom 3.5 bath, 2 car garages each side and is listed at $295,000.   I will let the videos do the talking about them.    Rents are projected at $1,575 per side.

Click here for a video of the Left Side – – – – –  Click here for a video of the Right Side

Click Here For a Pro-Forma Cash Flow Analysis

Property #2 – The other one is located at 9650-9652 Lake Natoma, Orangevale, Ca 95662 and is a 3 bedroom 2 bath & 2 bedroom 2 bath.   It’s in a great neighborhood in area that has a school down the street, shopping less than a half mile away and within walking distance to the American River Parkway trails.

I was not able to get inside this unit because the listing agent hadn’t installed a lock box to allow me access but I did get a video of the exterior front and back.   Click here for that video –   Click Here for the Pro-Forma Cash Flow Analysis

And… If you want to see how neat this property is because it is so close to Lake Natoma and the American River Parkway click on this link from Frank Bobbio’s website and his aerial photos.      As a side note…?   If you would like to see some interesting photography of the Sacramento Region take a look at Frank’s website here.

So tell me…. What do you think about these two…?

Make it a great day…!!!

Ed Favinger, Broker CRS, GRI, SFR                        916-203-1260

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