Rio Linda, CA 95673,7214 14th ST
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Rio Linda, CA 95673,7214 14th ST
Rio Linda, CA 95673,7214 14th ST
Rio Linda, CA 95673,7214 14th ST
Rio Linda, CA 95673,7214 14th ST

$1,217,500

Est. payment /mo

$1,299,000

6.3%
Est.Price: ?

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7214 14th ST Rio Linda, CA 95673

4.48 Acres Lot

SOLD DATE : 03/05/2021

Key Details

Sold Price $1,217,500

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 20071931

Sold Date 03/05/21

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1949

Lot Size 4.480 Acres

Acres 4.48

Property Description

Situated on 4.5 acres, 7214 14th St and 1411 Q St is a (9) unit multifamily property located in the outskirts of Sacramento in Rio Linda. The property provides a scenic and rural location for those tenants seeking a quieter lifestyle, but still close to Sacramento and an easy drive to downtown/midtown. A new buyer will find upside in raising rents, and adding value through renting the storage units on site. There is also a separate building that the current owner had plans to convert into a laundry room (coin-op laundry included in sale). In total, there is $24,000 in annual income that can be added through just the raising of rents and renting out storage on-site without the need for any capital improvements. All buildings on site have the following recent upgrades: New Roofs, new flooring (mix of tile and laminate), new appliances, new counters, new bathrooms, updated kitchens, and more. The property has just had its septic tanks emptied, and new bladder tanks installed.

Location

State CA

County Sacramento

Area 10673

Direction From HWY 80, take the Raley Exit. Head north along Raley Blvd, turn right onto Elkhorn, left on 18th St, left on Q St. Property is on right side.

Interior

Heating Varies by Unit

Cooling Varies by Unit

Flooring Varies by Unit

Equipment Varies by Unit

Appliance Varies By Unit

Exterior

Garage Garage, 1+ Space Per Unit

Garage Spaces 3.0

Amenities Available Varies By Unit

Water Access Desc Well

View Valley

Roof Type Composition

Building

Story 1

Sewer Septic System

Water Well

Architectural Style Unknown

Schools

Elementary Schools Twin Rivers Unified

Middle Schools Twin Rivers Unified

High Schools Twin Rivers Unified

School District Sacramento

Others

Senior Community No

Tax ID 207-0052-004-0000

Special Listing Condition None

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MetroList® Services, Inc (RESO)
Listed by North Coast Commercial, Inc.
Bought with North Coast Commercial, Inc.

Cynthia Ruiz

Agent | CA DRE#01209088

+1(209) 480-4578

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