$2,450,000
$2,500,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
0.29 Acres Lot
SOLD DATE : 08/23/2021
Key Details
Sold Price $2,450,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 221018110
Sold Date 08/23/21
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1961
Lot Size 0.290 Acres
Acres 0.29
Property Description
!!CASH COW!! Looking for a great cash flow property that generates great passive income? Look no further. Beautiful updated two building apartment total 20 units. All units are 1 bedroom / 1 bathroom with average sqft of 520. Average rent is $935. Recently painted exterior and updated curb appeal, roof has been redone on one side of the building, all units updated to tile flooring, and interior repainted and bathroom vent have been added. Located in the revitalization of street El Camino Ave in Old North Sacramento adjacent to Richardson Village/Willis Acres. Distance to public transportation, shopping center, and Arden Fair Mall. Recently built Grocery Outlet Store across from the apartment which adds value to the neighborhood. Property always have walk-in inquiries about unit rental. Long wait-list.
Location
State CA
County Sacramento
Area 10815
Direction BIZ 80 TO ARDEN WAY, TO OAKMONT, TO DARINA
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s), Wall Unit(s), Window Unit(s), See Remarks
Flooring Tile
Appliance Free Standing Gas Range, Plumbed For Ice Maker
Laundry Washer/Dryer Leased
Exterior
Garage Side-by-Side, Other, 1 Space Per Unit
Utilities Available Cable Available
Water Access Desc Public
View Other
Roof Type Flat
Porch Covered Deck
Total Parking Spaces 20
Building
Lot Description Shape Regular
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Contemporary, Traditional
Schools
Elementary Schools Sacramento Unified
Middle Schools Sacramento Unified
High Schools Sacramento Unified
School District Sacramento
Others
Senior Community No
Tax ID 275-0053-026-0000
Special Listing Condition None
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Bought with BCRE