$942,500
$949,000
0.7%For more information regarding the value of a property, please contact us for a free consultation.
3,384 SqFt
SOLD DATE : 01/31/2025
Key Details
Sold Price $942,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,384 sqft
Price per Sqft $278
MLS Listing ID 224127092
Sold Date 01/31/25
HOA Fees $8/ann
HOA Y/N Yes
Originating Board MLS Metrolist
Year Built 1963
Lot Size 7,205 Sqft
Acres 0.1654
Property Sub-Type Quadruplex
Property Description
Once-in-a-Lifetime Investment Opportunity! This 4-plex comes with an assumable loan at a historically low interest rate of just 2.75%, making it a rare find. Each unit features 2 bedrooms and 1 bathroom, generating a total annual rent of $90,300. Three units have been fully renovated with U.S.-made shaker cabinets, quartz countertops, durable cast iron tubs, stylish new tile and vanities in the bathrooms, luxury vinyl flooring, modern lighting, and high-quality hardware. Additional income potential exists by replacing leased washers and dryers in the laundry room with your own. The property also boasts a new roof installed in 2020, a new water heater, and fresh paint in 2023. Situated near the river, Swanston Community Park, shopping, and restaurants, this property offers both strong income potential and an ideal location. Don't let this opportunity pass you by!
Location
State CA
County Sacramento
Area 10825
Direction From Fair Oaks Blvd., turn onto Fulton Ave, turn left onto Northrup Ave and right onto Dornmjo Way
Interior
Heating Central
Cooling Wall Unit(s)
Flooring Tile, Laminate
Laundry In Common Area
Exterior
Parking Features Street, Garage
Utilities Available City
Amenities Available Pool
Water Access Desc Public
Total Parking Spaces 4
Building
Lot Description Curbs/Gutters
Story 2
Foundation Slab
Sewer In & Connected
Water Public
Schools
Elementary Schools Sacramento Unified
Middle Schools Sacramento Unified
High Schools Sacramento Unified
School District Sacramento
Others
HOA Fee Include Pool
Senior Community No
Tax ID 285-0251-017-0000
Special Listing Condition None
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Bought with eXp Realty of California, Inc