3817 Altos Ave - Multi-Family FOR SALE


Sacramento, CA 95838
$875,000 USD
279-203-0672
3817 Altos Ave, Sacramento, CA for Sale
$875,000 USD
Multi-Family - FOR SALE
1/8
null | 8.12% Cap Rate

3817 Altos Ave
Sacramento, CA 95838


HIGHLIGHTS

  • Stable rental income
  • Gross income generating

OVERVIEW

Explore an outstanding investment opportunity with this property featuring 3 distinct buildings on a single lot, offering a total of 4 units. Among the offerings are 2 units with 3-bed, 2-bath; a 2-bed, 1-bath; and a convenient studio unit with 1 bath. The gross income generated is a total of $83,376. The property is fully occupied by long term tenants. Tenants in 2 of the 4 units have been living there for more than 10 years. Additionally some units are due for rent increases. The property offers stabilized rents, long term tenants, and all builds have been completed with permits providing stability and consistent rental income. Located in close proximity to parks, golf courses, schools, shopping centers, and a variety of dining options, quick access to the airport, downtown area, and major highways. Great option for investors looking to expand their portfolio or enter the rental market. Don't miss your chance to acquire a valuable asset in a thriving community.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$339 USD /SF

# OF UNITS

4

PRICE/UNIT

$218,750

CAP RATE

8.12%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

250-0073-011-0000

ASK ABOUT THIS PROPERTY

Michael LimKinetic Real EstateMore Info
279-203-0672

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Michael LimKinetic Real EstateMore Info
279-203-0672

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.