$1,175,000
$1,295,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
3,049 Sqft Lot
SOLD DATE : 01/18/2023
Key Details
Sold Price $1,175,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 221122802
Sold Date 01/18/23
HOA Y/N No
Year Built 1972
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Quadruplex
Source MLS Metrolist
Property Description
Exceptional Fourplex Investment Opportunity with 7% Cap Rate. Four modernized, lovely apartments with modern tile entries & eat-in kitchens with dining bars overlooking elegant living rooms w/fireplaces. Each unit features a patio or balcony. Upstairs units have front balconies overlooking relaxing mature trees. All four units are 2 bedrooms with 1 bath. Downstairs units have fenced, outdoor patio spaces and are shaded by many trees. Great location for renters located just off Hwy Business 80 & Hwy 50 that may pay $2200 per month. Three units are currently being marketed for rent but this amazing investment property was put on the market to give buyers an opportunity to rent to friends or family. Located in the heart of Sacramento by many employment businesses, finest dining, arts and cultural destinations. This well-maintained property has central heating & air, dual pane windows, newly front exterior painted, and much more making it the perfect property for any investor.
Location
State CA
County Sacramento
Area 10818
Direction From 15th Street Right on W Street, Property on the right side.
Rooms
Other Rooms Unit-1 Type: Apartment Approx SqFt: 855 Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Occupancy: Vacant Rent: 2200 SqFt Source: Not Measured Unit-2 Type: Apartment Approx SqFt: 855 Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Occupancy: Vacant Rent: 2200 SqFt Source: Not Measured Unit-3 Type: Apartment Approx SqFt: 855 Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 1450 SqFt Source: Not Measured Unit-4 Type: Apartment Approx SqFt: 855 Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Occupancy: Vacant Rent: 2200 SqFt Source: Not Measured
Interior
Heating Central
Cooling Central
Flooring Carpet, Tile, Laminate
Appliance Free Standing Refrigerator, Free Standing Electric Range
Laundry Washer/Dryer Owned, Laundry Closet
Exterior
Parking Features Street
Utilities Available Electric, Natural Gas Connected
Water Access Desc Public
Roof Type Elastomeric,Flat
Topography Level
Porch Balcony/Deck, Uncovered Patio, Varies by Unit
Building
Lot Description Curb(s)
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Sacramento Unified
Middle Schools Sacramento Unified
High Schools Sacramento Unified
School District Sacramento
Others
Senior Community No
Tax ID 009-0196-016-000
Special Listing Condition None
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Bought with eXp Realty of California Inc.
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