Overview
About This Listing
Prime investment in the San Juan School District: two fully renovated 4-unit buildings at 5364 & 5372 Garfield Ave in Sacramento (both properties to be purchased together, separate listings, total price is 3M, cap rate is 4.7%). Set in a quiet area near Carmichael, this property offers quality living spaces designed with low maintenance in mind – ideal for attracting high-quality tenants. Each unit was remodeled in 2022, featuring durable Anlin windows, vinyl plank floors, marble kitchen backsplashes, and top appliances. Newer roof. The property includes one spacious 3-bedroom (1,250 sf), 2-bath unit with in-unit laundry and seven 2-bedroom, 1-bath units, each with a large balcony or fenced patio. Bathrooms were redone with Moen fixtures, Kohler cast iron tubs, quartz counters, and durable tile for a clean, modern look. The landscaped grounds include river rocks, olive and lemon trees, and synthetic grass for easy upkeep. The property generates a steady overall monthly income of $16,945, with a 4.7% cap rate and high tenant satisfaction. All tenants recently renewed their leases. Conveniently located near parks, schools, shopping, and dining, this 8-unit complex combines modern amenities with a peaceful setting, offering a standout investment in a strong rental market.
Map Location
Walk Score
Contact Agent
Request a Tour
611 Mormon Street, Folsom, CA 95630
-
Source:
Listed by: Coldwell Banker Realty -
Details
$2,200,000(Negotiable)
5550 Knoll Drive, Fair Oaks, CA 95628
-
Source:
Listed by: Windermere Signature Properties Downtown -
Details
$450,000(Negotiable)
2045 Celeste Drive, Modesto, CA 95355
-
Source:
Listed by: Dream Chasers Realty -
Details
$515,000(Negotiable)
