4241 Sweetwater Ave - Apartments FOR SALE


Sacramento, CA 95820- Fruitridge Park
$899,000 USD
916-541-3630
4241 Sweetwater Ave, Sacramento, CA for Sale
$899,000 USD
Apartments - FOR SALE
1/21
null | 5.69% Cap Rate

4241 Sweetwater Ave
Sacramento, CA 95820
Fruitridge Park


HIGHLIGHTS

  • (1) Large 4 bedroom, 2 bathroom single family home and (1) fourplex
  • Space for an additional ADU
  • Located in a quiet single family home neighborhood

OVERVIEW

4241 Sweetwater Ave. is a (5) unit multifamily investment property located in a residential south Sacramento neighborhood. The property consists of one fourplex with each unit being one bedroom and one bathroom. The property also contains a large 3-bedroom, 2-bathroom single-family home with a private backyard. The fourplex is occupied by section 8 tenants. Several of the units are below market and should be increased through section 8 program. The house is also below market and can be given a 60-day notice for an 8% increase immediately. Sweetwater Avenue is a great opportunity for an entry-level investment into the commercial multifamily world.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$187 USD /SF

# OF UNITS

5

PRICE/UNIT

$179,800

CAP RATE

5.69%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

RD20

APN/PARCEL ID

022-0241-014

ASK ABOUT THIS PROPERTY

Tim SwanstonNorth Coast Commercial, Inc.More Info
916-541-3630

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Tim SwanstonNorth Coast Commercial, Inc.More Info
916-541-3630

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