Two-Home Residential Income
2299 Beaumont Street Sacramento, CA 95815
2299 Beaumont Street, Sacramento, CA, 95815
$449,000
For Sale
$449,000
Two separate residences on one lot with laundry hookups, laminate/tile flooring, fenced yard, and detached garage with ample parking.
Property Size1,356 SF
Price / SF$331.12
Days on Market29
Property Features for 2299 Beaumont Street
General Information
- Standard status
- Active
- Size
- 1,356 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1947
Listing agency
Frey And Associates
(916) 708-8206
Listed by
Michael Breinke · License #02092804
(916) 708-8206
Source
Exitrealty
Added: Jun 25 Updated: Jul 21 at 12:11PM Checked: Jul 22 at 8:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Frey And Associates
Investment Insights
Based on property information with market context.
This two-home residential income property offers two separate residences on one lot, providing flexibility for an owner-occupant or investor. The first home has two bedrooms and one bathroom and has been remodeled with an updated kitchen featuring modern cabinetry, countertops, updated finishes, and newer appliances. Additional improvements include updated flooring, baseboards, lighting, and a remodeled bathroom. The second home has two bedrooms and one bathroom and is described as clean, functional, and well-maintained, offering immediate rental income potential or additional living space.
Both homes feature laminate and tile flooring, along with laundry hookups for added convenience. Each kitchen is equipped with a stove, oven, and dishwasher. Outside, the property includes a fenced yard, a detached garage, and ample parking on a spacious lot.
The seller notes that buyers may wish to explore the potential for an ADU conversion or other value-add opportunities, with the buyer to verify. The property is conveniently located near shopping, dining, schools, and commuter routes.
Both homes feature laminate and tile flooring, along with laundry hookups for added convenience. Each kitchen is equipped with a stove, oven, and dishwasher. Outside, the property includes a fenced yard, a detached garage, and ample parking on a spacious lot.
The seller notes that buyers may wish to explore the potential for an ADU conversion or other value-add opportunities, with the buyer to verify. The property is conveniently located near shopping, dining, schools, and commuter routes.
Key Highlights
- Two separate residences on one lot in Sacramento; Year built 1947.
- Front home: 2 bed/1 bath, 720 SF, remodeled kitchen with newer appliances plus updated flooring, baseboards, lighting, and bathroom.
- Second home: 2 bed/1 bath, 636 SF, clean and well‑maintained with laminate and tile flooring.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.0k | $25.80 |
| − Vacancy | −$1.9k | −$1.42 |
| EGI | $33.1k | $24.38 |
| − OpEx | −$9.9k | −$7.31 |
| NOI | $23.1k | $17.07 |
1,356 SF · lease $25.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$330.6K
$289.3K – $385.7K
NOI $23,142 @ 7.0% cap · market cap 5.15%
Second Best
Apartment 5plus
$304.3K
$266.3K – $355.0K
NOI $21,300 @ 7.0% cap · market cap 4.74%
Theoretical Best
Specialty Retail
$364.4K
$318.8K – $425.1K
NOI $25,506 @ 7.0% cap · market cap 5.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate residences on one lot with laundry hookups, laminate/tile flooring, fenced yard, and detached garage with ample parking.
Where is this duplex located?
The property is located at 2299 Beaumont Street Sacramento, CA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Two separate residences on one lot in Sacramento; Year built 1947.; Front home: 2 bed/1 bath, 720 SF, remodeled kitchen with newer appliances plus updated flooring, baseboards, lighting, and bathroom.; Second home: 2 bed/1 bath, 636 SF, clean and well‑maintained with laminate and tile flooring.
