Price Reduction
Address
7460 Tierra Way, Fair Oaks, CA
Price
$ 2,400,000
Property Attributes
  • MLS#223112932
  • TypeIncome
  • CountySACRAMENTO
  • CityFair Oaks
  • AreaFair Oaks
  • Zip95628
  • Style5 or More Units
  • Price$ 2,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.404 Acres
Data Source:
MetroList MLS
Property Description

A rare investment gem! Nestled in the heart of coveted Fair Oaks - a well maintained 10-unit investment opportunity. Boasting diverse floor plans, the property comprised of five 2bed/1bath and five 2bed/2bath units. Many recent upgrades including a new roof, new balcony, floorings, kitchen appliances, paint, and more, reflecting the pride of owners and the commitment to modern living. The on-site community laundry room with digital payment options, enhances tenant's convenience and adds additional revenue streams. Don't miss this opportunity to own this lucrative investment and unlock the potential of this thriving property!

Price History
12/1/2023 Listed $2,500,000
5/3/2024 4% - $2,400,000

General Features

Sewer Sewer Connected
Heating Central
Cooling Central
Utilities Natural Gas Connected,Electric
Unit 1 Rent 1350
Garage Spaces 0.0
Construction Materials Stucco
Year Built 1986
Tenant Pays Cable TV,Electricity,Gas,Water
Stories 2
Property SubType 5 or More Units
County Sacramento
Property Type ResidentialIncome
HOA / Comm Assn No
Close Price 0.0
Status Active
Directions Take Hazel Ave and Madison Ave to Tierra Way in Fair Oaks,CA
City Fair Oaks
Buyer Agent Compensation 2.5
High School District San Juan Unified
Zoning Description RD-30
Open Parking Spaces 0.0
Total Units 10
MLS Area 10628
Lot Size Square Feet 17598.0
Carport Spaces 0.0
Street Name Tierra
Standard Status Active
Middle/Junior School District San Juan Unified
Elementary School District San Juan Unified
Year Built Source Other
Buyer Agent Compensation Type Percent

Interior Features

Flooring Carpet,Laminate
Total Stories 2
Furnished Units All Units
Unit 1 Full Baths 1
Unit1Bedrooms 2
Street Suffix Way
Laundry Features Coin Operated,Washer/Dryer Leased
Unit 2 Bedroom Units Total 10

Exterior Features

Parking Features Carport,Guest Parking Available
Lot Features Cul-De-Sac
Water Source Water District
Total Parking 2.0
Foundation Details Slab
Number of Buildings 1
Lot Size Acres 0.404
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 Income Average in 95628

Price
AVG $1.22M
$2.4M
Visits
AVG 268
513
Data Provided by Inside Real Estate®
Year Built
AVG 1977
1986
Walkscore
AVG 53
53
Data Provided by Walkscore® not using MLS data

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