Overview
About This Listing
Strong investment opportunity in Sacramento’s sought-after Northrop Estates neighborhood. This classic McKeon-built fourplex sits on a quiet stretch of Carro Drive and offers an ideal unit mix; two 2BD/1BA townhomes, one 1BD/1BA townhome, and one spacious 3BD/1.5BA upstairs unit, providing natural rent diversification and broad tenant appeal. Three of four units have been fully remodeled by the current owner. The one remaining 1BD/1BA unit represents a straightforward value-add opportunity: renovate at turnover and bring it in line with updated market rents in the $1,300-$1,400 range. The largely paved exterior keeps maintenance and landscaping costs low year-round. Additional features include covered garage parking for all four units and a fireplace in the ground-floor unit. The property is professionally managed and currently fully occupied with reliable, long-term tenants generating $6,539/month in gross rent.
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821 Carro Drive, Sacramento, CA 95825
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Source:
Listed by: Grow Properties -
Details
$825,000(Negotiable)
3227 Chesnut Street, Oakland, CA 94608
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Source:
Listed by: eXp Realty of California Inc -
Details
$575,700(Negotiable)
4108 16th Avenue, Sacramento, CA 95820
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Source:
Listed by: 1st Choice Realty & Associates -
Details
$549,999(Negotiable)
