Here is a Great Opportunity to own this 18 Unit Apartment Complex, with a Cap Rate of 6.93 Qualified investors can assume loan in place at an interest rate of 4.85% with 30 year amortization. Property provides excellent cash flow as the current owner has invested over $160,000 in capital improvements; fencing, new gas lines, two operational laundry rooms, operational store rooms/storage areas, security cameras, exterior painting, fenced in and demarcated parking lot, and numerous safety improvements This property has 16-One Bedroom and 2-two Bedroom units. Most(~80%) units are upgraded with numerous improvements such as new flooring, cabinets, countertops, bath tubs, windows, Interior Painting, appliances New ownership can take advantage of dependable and consistent cash flow as most of the units are rented to tenants where government agencies or external programs pay most of the rent This is a Must See!
MLS #
ME223112274
MLS Source
MetroList Services, Inc.
Buyer's Brokerage Compensation*
2
Flooring
Laminate, Tile, Vinyl
Laundry
Coin Operated
Cooling
Window/Wall Unit
Heating
Wall Furnace
Foundation
Slab
Garage/Parking
Off-Site Parking, Off-Street Parking, Garage: 0 Car(s)
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Zoning
R-2B
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 18 | – |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 525 | 1 | 1/0 | $1,150 | – | – |
2 | 525 | 1 | 1/0 | $1,200 | – | – |
3 | 525 | 1 | 1/0 | $1,300 | – | – |
4 | 525 | 1 | 1/0 | $1,300 | – | – |
2546 Traction is a Residential Income in Sacramento, CA 95815. This 4,400 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,300,000 and was built in 1960.
This address can also be written as 2546 Traction, Sacramento, CA 95815.©2024 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of April 25, 2024. For the most current information, please contact Frankie Thornton, (916) 205-5204