3031 U St Sacramento, CA 95817

3031 U Street 2/1 & 2024 Alhambra 1/1 studio.Rare opportunity to own two homes on one lot in the highly desirable Midtown/Alhambra Triangle area, less than one mile from UC Davis Medical Center. Whether you're an owner-occupant looking to live in one home and offset your mortgage by renting the other, or an investor seeking strong income potential, this unique property offers exceptional flexibility. The front home features approximately 814 sq. ft. with 2 bedroom, 1 bath, a spacious living room, separate dining room, fresh interior paint, and new flooring. The living room offers the potential to serve as a second bedroom with its walk-in closet. The rear home offers approximately 600 sq. ft. with 1 bedroom, 1 bath, and a kitchenette, making it ideal for rental income, extended family, or a home office. Both homes are separately metered and present an excellent value-add opportunity for buyers looking to build equity with light improvements. Commercial zoning opens the door to additional possibilities (buyer to verify permitted uses). Conveniently located near public transit, restaurants, shopping, and major medical facilities, this is a rare investment opportunity in one of Sacramento's most sought-after central neighborhoods.Pictures reflect condition from 2017 and has deferred maintenance