Overview
About This Listing
Rare Multi-Family Investment Opportunity sitting on nearly a 1/2 acre with approved plans to build another ADU! Annual rent revenue of over $76,000 per year. Four Income producing rentals across 3 buildings, plus Three detached support structures (Garage, Laundry, Storage). The package includes a standalone renovated 3-Bed/1 Bath unit, a stand alone 2 bed/1 bath and a duplex featuring a 1 bed/1 bath and a 2 bed/1 bath. Recently upgraded property including a new roof. Conveniently located minutes from shopping, grocery, hwy 80 and local schools, this property is well positioned for consistent tenant demand. Efficiently configured for low-complexity management with upside through rent optimization and laundry income. At asking, this asset offers a compelling return with a projected cap rate of over 9% – Ideal for investors and 1031 exchange buyers.
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718 13th Street, Sacramento, CA 95814
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Source:
Listed by: J.A. Hunt -
Details
$1,195,000(Negotiable)
91 Summit Avenue, Sonora, CA 95370
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Source:
Listed by: Cosol Commercial Real Estate -
Details
$3,950,000(Negotiable)
4132 Empire Way, Carmichael, CA 95608
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Source:
Listed by: Windermere Signature Properties Fair Oaks -
Details
$575,000(Negotiable)
