715 Dixieanne Ave - Apartments FOR SALE


Sacramento, CA 95815- Old North Sacramento
$679,000 USD
916-224-9808
715 Dixieanne Ave, Sacramento, CA for Sale
$679,000 USD
Apartments - FOR SALE
1/14
null | 6.02% Cap Rate

715 Dixieanne Ave
Sacramento, CA 95815
Old North Sacramento


HIGHLIGHTS

  • 3Bed/1Bathroom Single Family Home + 4Plex
  • Value-add opportunity with 17% upside in rental income
  • Close Proximity to Downtown Sacramento
  • Pitched Roofs
  • Secured Access

OVERVIEW

We are pleased to present 715 Dixieanne Ave, a 5-unit multifamily community located in Old North Sacramento sub-market. The subject property is situated on 0.15 acre lot with 3,276 rentable square feet consisting of a 3bedroom/1bathroom Single Family home in the front facing Dixieanne Avenue. The back 4plex faces the alley and consists of one Studio apartment, one 2bedroom/1bathroom + office, one 1bedroom/1bathroom + Office and one 1bedroom/1bathroom unit. The complex consists of two buildings with open parking in the front and back.

FOR SALE DETAILS

PRICE

$679,000 USD

PRICE/SF

$141 USD /SF

# OF UNITS

5

PRICE/UNIT

$135,800

CAP RATE

6.02%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,360 SF

ZONING

R1, Sacramento

APN/PARCEL ID

275-0053-023

ASK ABOUT THIS PROPERTY

Aaron FrederickColliersMore Info
916-224-9808

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Aaron FrederickColliersMore Info
916-224-9808

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