Property Details
About this Property
Excellent opportunity for an owner/user to acquire four units and leave one for themselves to occupy. The building is currently generating $10,655 a month in gross income. It is very rare to acquire two newly constructed townhomes and a remodeled duplex in a thriving location of Midtown Sacramento. The back building was built in 2022 and has (2) two bedroom/1.5 bathroom 1050 Square foot townhouse style units that is attached to a 3 car garage. Freestanding units like these sell for $850,000 each within the area. The Front building is a remodeled duplex. Both top and bottom units are 3bedroom/1bathroom 1,240 Square foot units that have been completely remodeled with laundry included. Largest fourplex available and currently a 5.54% cap rate on actuals.
MLS Listing Information
MLS #
ME224092975
MLS Source
MetroList Services, Inc.
Days on Site
76
Interior Features
Flooring
Varies by Unit
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Foundation
Slab, Other
Style
Other
Parking, School, and Other Information
Garage/Parking
Garage, Other, Garage: 3 Car(s)
Sewer
Public Sewer
HOA Fee
$0
Zoning
R-3A-SPD
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 3 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,240 | 3 | 1/0 | $2,645 |
| 2 | 1,240 | 3 | 1/0 | $2,605 |
| 3 | 1,050 | 2 | 1/1 | $2,645 |
| 4 | 1,050 | 2 | 1/1 | $2,760 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1508 E St is a Residential Income in Sacramento, CA 95814. This 4,580 square foot property sits on a 6,534 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,695,000 and was built in –. This address can also be written as 1508 E St, Sacramento, CA 95814.
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This listing information is up-to-date as of October 17, 2024. For the most current information, please contact Matthew Sarro, (916) 616-5267
