Sacramento, CA 95815,2546 Traction
Sacramento, CA 95815,2546 Traction
Sacramento, CA 95815,2546 Traction
Sacramento, CA 95815,2546 Traction
Sacramento, CA 95815,2546 Traction
Sacramento, CA 95815,2546 Traction
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$1,950,000

$2,300,000

15.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6,534 Sqft Lot


SOLD DATE : 07/18/2024

Key Details

Sold Price $1,950,000

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 223112274

Sold Date 07/18/24

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1960

Lot Size 6,534 Sqft

Acres 0.15

Property Description

Here is a Great Opportunity to own this 18 Unit Apartment Complex, with a Cap Rate of 6.93 Qualified investors can assume loan in place at an interest rate of 4.85% with 30 year amortization. Property provides excellent cash flow as the current owner has invested over $160,000 in capital improvements; fencing, new gas lines, two operational laundry rooms, operational store rooms/storage areas, security cameras, exterior painting, fenced in and demarcated parking lot, and numerous safety improvements This property has 16-One Bedroom and 2-two Bedroom units. Most(~80%) units are upgraded with numerous improvements such as new flooring, cabinets, countertops, bath tubs, windows, Interior Painting, appliances New ownership can take advantage of dependable and consistent cash flow as most of the units are rented to tenants where government agencies or external programs pay most of the rent This is a Must See!

Location

State CA

County Sacramento

Area 10815

Direction Capital City 80, Exit El Camino Ave. go West, Right on Traction Ave to address.

Interior

Heating Wall Furnace

Cooling Wall Unit(s), Window Unit(s)

Flooring Tile, Laminate, Vinyl

Laundry Coin Operated, Washer/Dryer Owned

Exterior

Garage Off Street, Offsite

Utilities Available Cable Available, Natural Gas Connected

Water Access Desc Public

Total Parking Spaces 13

Building

Lot Description Shape Irregular

Story 2

Foundation Concrete, Slab

Sewer Public Sewer

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 263-0241-032-0000

Special Listing Condition Offer As Is

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MetroList® Services, Inc (RESO)
Listed by Arriaga Real Estate
Bought with Arriaga Real Estate

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