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$1,600,000
Est. payment /mo
6,534 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2408879
HOA Y/N No
Lot Size 6,534 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional Midtown Sacramento Investment Opportunity. Annual Income $114,400; Cap Rate 4.2%, GRM 7.2. A 5-unit complex in a highly sought-after area - Midtown Sacramento. This landmark property is in central location, away from freeway noise and overpass traffic. Along with leased five 1 bed/1 bath units the property has a converted 3-car garage storage/studio spaces, potential opportunity for extra income. Exterior recently painted and units updated dual pane windows, tankless water heaters, new fixtures and paint. Beautiful fountain in front and serene pond in back. Very maintained property, prior owner was on site landlord. A must see.
Exceptional Midtown Sacramento Investment Opportunity. Annual Income $114,400; Cap Rate 4.2%, GRM 7.2. A 5-unit complex in a highly sought-after area - Midtown Sacramento. This landmark property is in central location, away from freeway noise and overpass traffic. Along with leased five 1 bed/1 bath units the property has a converted 3-car garage storage/studio spaces, potential opportunity for extra income. Exterior recently painted and units updated dual pane windows, tankless water heaters, new fixtures and paint. Beautiful fountain in front and serene pond in back. Very maintained property, prior owner was on site landlord. A must see.
Exceptional Midtown Sacramento Investment Opportunity. Annual Income $114,400; Cap Rate 4.2%, GRM 7.2. A 5-unit complex in a highly sought-after area - Midtown Sacramento. This landmark property is in central location, away from freeway noise and overpass traffic. Along with leased five 1 bed/1 bath units the property has a converted 3-car garage storage/studio spaces, potential opportunity for extra income. Exterior recently painted and units updated dual pane windows, tankless water heaters, new fixtures and paint. Beautiful fountain in front and serene pond in back. Very maintained property, prior owner was on site landlord. A must see.
Location
State CA
County Sacramento
Area Sacramento (95816)
Zoning Assessor
Interior
Cooling Central Forced Air
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Others
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
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Listed by Denise Cook • Century 21 Masters