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Cynthia Ruiz

cynthiaruiz.coldwellbanker@gmail.com +1(209) 480-4578

$ 1,025,000

Est. payment -/mo

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Price Dropped by $25K

1204 South AVE Sacramento, CA 95838

3,649 SqFt

UPDATED:

10/03/2024 10:37 PM

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,649 sqft

Price per Sqft $280

MLS Listing ID 224101989

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1960

Lot Size 10,070 Sqft

Acres 0.2312

Property Description

Presenting an outstanding investment opportunity. This versatile property comprises a total of 6 units, including 4 primary residences and 2 newly constructed ADUs, both built in 2024. The property features a well-balanced mix of unit types:(3)1-bedroom, 1-bathroom units and (3)2-bedroom, 1-bathroom units. Each unit has been thoughtfully designed to maximize space and functionality, with the ADUs offering modern layouts that appeal to today's renters. The total potential rental income for this property exceeds $9,450 per month/ $113,400 per year, making it an exceptional addition to any investment portfolio. The two new ADU units are currently vacant, providing immediate rental opportunities or flexible living arrangements. The remaining four units are fully occupied, ensuring a steady income stream from day one. This property is ideally suited for investors looking to maximize rental income or for buyers seeking a versatile property with multiple income-generating possibilities. Whether you are an investor aiming to capitalize on strong cash flow, a buyer interested in flexible living options, or someone looking to leverage rental income to support mortgage payments, this six-unit property represents a unique and valuable opportunity. Don't miss out!

Location

State CA

County Sacramento

Area 10838

Direction Interstate 80 to Marysville/Raley blvd then right on South Ave. Units will be on left side of street and left side of complex.

Interior

Heating Varies by Unit

Cooling Varies by Unit

Flooring Vinyl

Laundry Varies by Unit

Exterior

Garage Off Street

Utilities Available City

Water Access Desc Public

Total Parking Spaces 6

Building

Lot Description None

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools San Juan Unified

Middle Schools San Juan Unified

High Schools San Juan Unified

School District Sacramento

Others

Senior Community No

Tax ID 251-0163-010-0000

Special Listing Condition None

Listed by Kinetic Real Estate

Cynthia Ruiz

Agent | CA DRE#01209088

+1(209) 480-4578

Cynthia Ruiz

1204 South AVE Sacramento, CA 95838

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1204 South AVE