One of Sacramento's last affordable Fourplexes with no HOA! Another Rare feature is that the units each have their own water Heaters and laundry hook up suitable for a stacker unit. Since the tenants pay for the water heater in their unit this saves the owner about$120-$200 a month over all Mckeon style 4 Plexes. Historically most fourplexes with their own laundry hook ups rent for as little more than average. There are 2 occupied units with tenants that have been there more than 25 years! Those are rented for $1135 Each. There are two rent-ready units that have been remodeled. According to Rentometer Pro the average rent in the area for a 2 bedroom, 1 bath is $1705. If the two vacant units are rented at market average value the total gross income would be $5680 Monthly or $68,160 Annually. This would provide a proformas GRM of 10.26! Keep in mind there is still lots of upside potential for rent improvements over time in the occupied units. The building has a stucco exterior and all dual pane windows. Offer with confidence knowing the seller has already had a whole house inspection and a pest inspection.
MLS #
ME224088431
MLS Source
MetroList Services, Inc.
Appliances
Oven Range - Gas
Flooring
Carpet, Laminate, Tile, Varies by Unit
Cooling
Varies by Unit, Window/Wall Unit
Heating
Wall Furnace
Roof
Composition
Foundation
Raised
Style
Contemporary
Garage/Parking
Side By Side, Garage: 0 Car(s)
Water
Public
HOA Fee
$0
Zoning
r3-EA
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 0 | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 615 | 2 | 1/0 | $1,705 |
2 | 625 | 2 | 1/0 | $1,135 |
3 | 710 | 2 | 1/0 | $1,705 |
4 | 625 | 2 | 1/0 | $1,135 |
2412 Yreka Ave is a Residential Income in Sacramento, CA 95822. This 2,640 square foot property sits on a 6,970 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $700,000 and was built in –.
This address can also be written as 2412 Yreka Ave, Sacramento, CA 95822.©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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This listing information is up-to-date as of October 16, 2024. For the most current information, please contact Ron Benning, (916) 730-3846