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$ 1,619,000
Est. payment | /mo
0.52 Acres Lot
$ 1,619,000
Est. payment | /mo
0.52 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82000167
HOA Y/N No
Year Built 1963
Annual Tax Amount $21,000
Lot Size 0.516 Acres
Property Description
Fully rented two 4-plexes with over 145K in annual rental income. 5.0 Cap rate. Each unit is 2 bed/1 bath. Huge half-acre lot with the possibility to add more units with access from Traction Ave. 7 out of 8 units are completely remodeled with new luxury vinyl plank flooring, new doors, new appliances, new paint, remodeled bathroom. All new exterior paint. The roof has been replaced in 2012. All units have dual pane windows. The property is completely gated. 16 parking spaces. Close to downtown, parks, schools, and shopping.
Location
State CA
County Sacramento
Area 699 - Not Defined
Zoning R-2B
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Roof Type Composition
Building
Water Public
Schools
School District Other
Others
Tax ID 26301720120000
Special Listing Condition Standard
Listed by Alexey Blokhin • Real E-State
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Jennifer Lucero
Broker Associate | Lic# 01956495