$1,660,000
$1,680,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
0.52 Acres Lot
SOLD DATE : 07/15/2022
Key Details
Sold Price $1,660,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 222012882
Sold Date 07/15/22
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1963
Lot Size 0.517 Acres
Acres 0.5165
Property Description
Fully rented two 4-plexes with over 145K in annual rental income. 5.43% 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 10815
Direction From Del Paso Blvd turn onto Rio Linda Blvd and turn left onto Lampasas Ave
Interior
Heating Wall Furnace
Cooling Wall Unit(s)
Flooring Varies by Unit
Laundry Other
Exterior
Garage See Remarks
Utilities Available Natural Gas Connected, Electric
Water Access Desc Public
Total Parking Spaces 16
Building
Lot Description Other
Story 2
Foundation Slab
Sewer In & Connected
Water Public
Schools
Elementary Schools Twin Rivers Unified
Middle Schools Twin Rivers Unified
High Schools Twin Rivers Unified
School District Sacramento
Others
Senior Community No
Tax ID 263-0172-012
Special Listing Condition None
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Bought with Real E-State