$550,000
$575,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
8,276 Sqft Lot
SOLD DATE : 07/06/2024
Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 223114243
Sold Date 07/06/24
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1945
Lot Size 8,276 Sqft
Acres 0.19
Property Description
Investor's Delight in North Sacramento: Multi-Unit Property with Strong Cash Flow Explore this unique investment opportunity in North Sacramento, featuring three distinct units on one lot, each offering modern living and reliable income streams. Front House: A furnished 2-bedroom, 1-bath home, popular on Airbnb with Star Wars theme, showcases style and convenience. Middle Unit: A chic 1-bedroom, 1-bath loft-style unit. Back Unit: A cozy, long-term rented studio ensures steady income. All units boast extensive renovations, including new stainless steel appliances, stone countertops, fresh paint, and modern flooring. Added in 2022, brand new mini-split AC units in each sleeping and common area enhance comfort and appeal. Rooftops replaced in 2022 underscore the turnkey nature of this property. Currently generating approx. $6,500/month, it's a prime cashflow asset for your portfolio. The sale includes fully furnished front units, allowing seamless income continuation. Please note: Do not disturb tenants. This property represents a rare chance to own a low-maintenance, high-yield investment in a desirable location. Ideal for investors seeking immediate returns and long-term value, seize this opportunity to expand your portfolio.
Location
State CA
County Sacramento
Area 10815
Direction Start on Auburn Blvd, Right on Iris Ave, Right on Connie Dr
Rooms
Basement None
Interior
Heating Electric
Cooling Wall Unit(s)
Flooring Laminate, Varies by Unit
Window Features Dual Pane Full
Appliance Gas Cook Top, Microwave, Dishwasher, Disposal, Varies By Unit, Other
Laundry In Common Area, Washer/Dryer Owned
Exterior
Exterior Feature Yard Space
Garage Carport, Covered
Utilities Available City, Electric, Internet Available, Other
Water Access Desc Public
Roof Type Shingle,Composition
Topography Level
Porch Uncovered Patio
Total Parking Spaces 2
Building
Lot Description Private, Shape Regular
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
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 266-0252-002-0000
Special Listing Condition None
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Bought with FX Realty