Address
2546 Traction, Sacramento, CA
Price
$ 2,300,000
Property Attributes
- MLS#223112274
- TypePending
- CountySACRAMENTO
- CitySacramento
- AreaSacramento
- Zip95815
- Style5 or More Units
- Price$ 2,300,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size6,534 SqFt
Data Source:
MetroList MLS
Property Description
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!
| Price History | |
|---|---|
| 12/2/2023 | Listed $2,599,999 |
| 1/29/2024 | 8% - $2,400,000 |
| 3/13/2024 | 5% - $2,300,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Wall Furnace |
| Cooling | Wall Unit(s),Window Unit(s) |
| Utilities | Cable Available,Natural Gas Connected |
| Unit 4 Rent | 1300 |
| Unit 2 Rent | 1200 |
| Unit 3 Rent | 1300 |
| Unit 1 Rent | 1150 |
| Garage Spaces | 0.0 |
| Construction Materials | Stucco,Wood |
| Year Built | 1960 |
| Stories | 2 |
| Property SubType | 5 or More Units |
| County | Sacramento |
| Property Type | ResidentialIncome |
| HOA / Comm Assn | No |
| Close Price | 0.0 |
| Status | Pending Bring Backup |
| Directions | Capital City 80,Exit El Camino Ave. go West,Right on Traction Ave to address. |
| City | Sacramento |
| Buyer Agent Compensation | 2 |
| High School District | Twin Rivers Unified |
| Zoning Description | R-2B |
| Open Parking Spaces | 0.0 |
| Total Units | 18 |
| MLS Area | 10815 |
| Lot Size Square Feet | 6534.0 |
| Carport Spaces | 0.0 |
| Street Name | Traction |
| Standard Status | Pending |
| Middle/Junior School District | Twin Rivers Unified |
| Elementary School District | Twin Rivers Unified |
| Year Built Source | Assessor Agent-Fill |
| Buyer Agent Compensation Type | Percent |
Interior Features
| Flooring | Tile,Laminate,Vinyl |
|---|---|
| Total Stories | 2 |
| Unit 1 Full Baths | 1 |
| Unit 2 Full Baths | 1 |
| Unit 3 Full Baths | 1 |
| Unit1Bedrooms | 1 |
| Unit2Bedrooms | 1 |
| Unit3Bedrooms | 1 |
| Unit4Bedrooms | 1 |
| Laundry Features | Coin Operated,Washer/Dryer Owned |
| Unit 1 Bedroom Units Total | 16 |
| Unit 2 Bedroom Units Total | 2 |
Exterior Features
| Parking Features | Off Street,Offsite |
|---|---|
| Lot Features | Shape Irregular |
| Water Source | Public |
| Total Parking | 13.0 |
| Foundation Details | Concrete,Slab |
| Number of Buildings | 2 |
| Lot Size Acres | 0.15 |
| Lot Size Source | Assessor Auto-Fill |
| Covered Spaces | 0.0 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 95815
Price
Visits
Year Built
All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data maintained by MetroList© may not reflect all real estate activity in the market.
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MetroList CA data last updated: May 5, 2024 1:28 PM UTC 