14 rooms historic house for sale. Price Lowered to $489k. - 6000 square ft- Mansion size. Once in a life time to own a mansion size building for under $500k. Near the river and downtown where you can fish and ride boats.
Has original 14 rooms and 2 kitchens. easy cash flow! Located in Walnut Grove, only 25 minutes from Elk Grove, or Sacramento. 28 minutes to Sky River Casino. 15 minutes to Rio Vista.
You can qualify using conventional home loan. Possibly 0% down using conventional lending as long as you got a pre-approval.
If you sublease each room for $500-$700 per room, you can easily gross $8000/month. Minus mortgage and expenses. Easy to make cash flow if you are willing to manage the tenants. Currently vacant. Spent over $150k to get this building back to life.
If you run a Vending machine or other businesses, great building to own. Store all your supplies and products in one location on the open space are. Live in the other side. Save a ton of money from paying storage fees!