Price Reduction
Address
2570 Traction Avenue, Sacramento, CA
Price
$ 854,545
Property Attributes
- MLS#224023253
- TypeIncome
- CountySACRAMENTO
- CitySacramento
- AreaSacramento
- Zip95815
- Style5 or More Units
- Price$ 854,545
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.17 Acres
Data Source:
MetroList MLS
Property Description
Available as a Portfolio with 14 Units Next Door - 2562 Traction Ave. 8.55% Year One Cap Rate Underwritten to a Realistic 40% 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 $106,818/Unit. Close Proximity to Restaurants, Retailers, and Downtown Sacramento.
| Price History | |
|---|---|
| 3/12/2024 | Listed $963,640 |
| 5/30/2024 | 12% - $854,545 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Wall Furnace |
| Cooling | Wall Unit(s) |
| Utilities | Natural Gas Connected,Electric |
| Roof | Flat |
| Appliances | Gas Cook Top |
| Unit 1 Rent | 1195 |
| 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 | Active |
| Directions | North Sacramento. |
| City | Sacramento |
| Buyer Agent Compensation | 2 |
| High School District | Sacramento Unified |
| Zoning Description | R-2B |
| Open Parking Spaces | 0.0 |
| NumberOfUnitsTotal | 8 |
| MLS Area | 10815 |
| Lot Size Square Feet | 7405.0 |
| Carport Spaces | 0.0 |
| Street Name | Traction |
| 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 | Tile,Laminate |
|---|---|
| Total Stories | 2 |
| Unit 1 Full Baths | 1 |
| Unit1Bedrooms | 1 |
| Window Features | Dual Pane Full |
| Street Suffix | Avenue |
| Laundry Features | Washer/Dryer Leased |
| Unit 1 Bedroom Units Total | 8 |
Exterior Features
| Parking Features | Off Street |
|---|---|
| Lot Features | Sidewalk |
| Water Source | Water District |
| Total Parking | 8.0 |
| Foundation Details | Slab |
| Number of Buildings | 1 |
| Lot Size Acres | 0.17 |
| 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 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: June 16, 2024 4:11 PM UTC 