Overview
About This Listing
Over the last 2 years, this Quadplex has been cared for with large upgrades including a newer roof, exterior paint and removal of carpet throughout all units. With a large lot and lots of open space around the building, this property now opens the opportunity to build ADUs while collecting rent from the stabilized units. This property is already boasting $77,000 a year in market rent, big cost upgrades are already taken care of, and a future owner can verify the potential to build 1 ADU per existing unit. Fruitridge Terrace is a well established neighborhood for renters due to proximity to jobs, shopping, and connection to freeways. This investment property is set up in a strategic location to maximize cash flow and keep these units consistently occupied. The two downstairs units have fully fenced back yards and the two upstairs units have front facing balconies. All units have central air conditioning and appliances provided.
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171 Olive Street, Auburn, CA 95603
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Source:
Listed by: Windermere Signature Properties Auburn -
Details
$595,000(Negotiable)
6982 Folsom Oaks Court, Granite Bay, CA 95746
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Source:
Listed by: GBR Real Estate & Inv. Co. -
Details
$865,000(Negotiable)
2823 U Street, Sacramento, CA 95817
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Source:
Listed by: Marcus & Millichap Real Estate -
Details
$1,495,000(Negotiable)
