4140 Broadway - Apartments FOR SALE


Sacramento, CA 95817
$549,500 USD
916-730-3846
4140 Broadway, Sacramento, CA for Sale
$549,500 USD
Apartments - FOR SALE
1/67
null | 5.01% Cap Rate

4140 Broadway
Sacramento, CA 95817


HIGHLIGHTS

  • Remodeled Kitchens
  • Remodeled Bathrooms

OVERVIEW

Opportunity Knocks on this vibrant Oak Park Duplex. Both units are 2 bedrooms and 1bath. Both units were renovated in 2021. Both units feature wood laminate flooring, granite countertops, stainless steel kitchen sinks, and new kitchen cabinets with gas stoves. Updated bathrooms with a solid surface shower surround upstairs, tile shower surrounds downstairs, & updated vanities with granite countertops in the downstairs bathroom. There is central heating and air upstairs and, wall-mounted heat and air conditioning downstairs. The current rent downstairs is $1500 per month and proforma rent upstairs is $2027 per month according to Rentometer Pro (see enclosed report). Total proforma monthly income is $3,527 with an annual Proforma income of $42,324 and a Proforma GRM of 12.70. This duplex is located in one of the hottest neighborhoods in Sacramento, with new developments, and is close to downtown, local hospitals, and many other lifestyle amenities.

FOR SALE DETAILS

PRICE

$549,500 USD

PRICE/SF

$260 USD /SF

# OF UNITS

2

PRICE/UNIT

$274,750

CAP RATE

5.01%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1935

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

C-1-SPD

APN/PARCEL ID

014-0187-022

ASK ABOUT THIS PROPERTY

Ron BenningRon BenningMore Info
916-730-3846

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Ron BenningRon BenningMore Info
916-730-3846

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