Property Attributes
- MLS#224013165
- TypeIncome
- CountySACRAMENTO
- CitySacramento
- AreaSacramento
- Zip95815
- Style5 or More Units
- Price$ 2,650,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.43 Acres
Data Source:
MetroList MLS
Property Description
22 Units For Sale. 7.45% Year One Rate Underwritten to a Realistic 41% Expense Load. Majority of the Units Are Strategically Rented Through Section 8 Vouchers, Allowing For Guaranteed Income by State-Supported Programs. Low-Basis Acquisition Being Offered at $120,455/Unit. Close Proximity to Restaurants, Retailers, and Downtown Sacramento.
Price History | |
---|---|
2/13/2024 | Listed $2,650,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Wall Furnace |
Cooling | Wall Unit(s) |
Utilities | Natural Gas Connected,City |
Roof | Flat |
Unit 1 Rent | 1195 |
Garage Spaces | 0.0 |
Patio/Porch Features | Balcony/Deck |
Construction Materials | Concrete,Stucco,Wood,Wood Siding |
Year Built | 1960 |
Property SubType | 5 or More Units |
County | Sacramento |
Property Type | ResidentialIncome |
HOA / Comm Assn | No |
Close Price | 0.0 |
Status | Active |
Directions | North Sacramento. |
City | Sacramento |
Buyer Agent Compensation | 2 |
High School District | Sacramento Unified |
Zoning Description | R-2B |
Open Parking Spaces | 0.0 |
Total Units | 22 |
MLS Area | 10815 |
Lot Size Square Feet | 18731.0 |
Carport Spaces | 0.0 |
Street Name | Traction Ave |
Standard Status | Active |
Middle/Junior School District | Sacramento Unified |
Elementary School District | Sacramento Unified |
Year Built Source | Other |
Buyer Agent Compensation Type | Percent |
Interior Features
Flooring | Carpet,Tile,Laminate |
---|---|
Total Stories | 2 |
Unit 1 Full Baths | 1 |
Unit1Bedrooms | 1 |
Laundry Features | Washer/Dryer Leased |
Unit 1 Bedroom Units Total | 21 |
Unit 2 Bedroom Units Total | 1 |
Exterior Features
Parking Features | Off Street,Street |
---|---|
Lot Features | Curb(s) |
Water Source | Public |
Total Parking | 22.0 |
Foundation Details | Slab |
Number of Buildings | 2 |
Lot Size Acres | 0.43 |
Lot Size Source | Not Verified |
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