• Traction Avenue Sacramento, CA 95815

  • $963,640

  • Bed(s)
  • 0
    Baths
  • 0
    Sq Ft

Available as a Portfolio with 14 Units Next Door - 2562 Traction Ave. 7.45% Year One Cap Rate Underwritten to a Realistic 41% 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 $120,455/Unit. Close Proximity to Restaurants, Retailers, and Downtown Sacramento.

Property Type :

ResidentialIncome

County :

Sacramento

Style :

ResidentialIncome

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Property Details

 

Bedroom Information

Window Feature : Dual Pane Full

Water/Sewer

Sewer: Public Sewer

Interior Features

Roof : Flat

Appliances : Gas Cook Top

Laundry Features: Washer/Dryer Leased

Roofing Information

Flat

Flooring Information

Carpet,Tile,Laminate

Heating & Cooling

Heating: Wall Furnace

Cooling: Wall Unit(s)

Water Source: Water District

Building Information

Year Built: 1960

Stories: 2

Construction: Stucco,Wood

Roof: Flat

Foundation Details: Slab

Exterior Features

Foundation Details: Slab

Laundry Features

Washer/Dryer Leased

Lot Information

Lot Description: Sidewalk

Lot Square Feet: 7,405

Stories: 2

Property Information

Property Type: ResidentialIncome

Sub Type: 5 or More Units

Construction Materials: Stucco,Wood

Property Age: 64

Cross Street: Bowles

Source Neighborhood: 10815

Postal Code Plus 4: 2437

Area: Sacramento S: 95815

Zoning: R-2B

Structure Type: Apartments

Farm Info

Irrigation Source: Public District

Listing Price Information

Listing Id: 224023253

List Price: $963,640

Tax Information

Parcel Number: 263-0203-013-0000

Parking Information

Parking Total: 8

Off Street

Homeowners Association Information

Association YN : No

Calculated Total Monthly Association Fees : $0

School Information

Elementary School District: Sacramento Unified

Junior High School District: Sacramento Unified

Senior High School District: Sacramento Unified

Utility Information

Natural Gas Connected,Electric

Location Information

Direction: North Sacramento.

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Nearby Home Value

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Oakmont, Sacramento, CA,95815 $739,000 3 3 1,350 --
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Plover Street, Sacramento, CA,95815 $387,000 3 2 1,056 --
El Monte Avenue, Sacramento, CA,95815 $330,000 2 1 905 --
Arden Way, Sacramento, CA,95815 $495,000 3 2 1,092 --
Oakmont Street, Sacramento, CA,95815 $659,000 -- -- -- --
Oakmont Street, Sacramento, CA,95815 $739,000 -- -- -- --

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ByOwner last updated this listing 05/21/2024 @ 21:15

MLS: 224023253
LISTED BY: Isaac Merritt, ALIVE Commercial Real Estate
SOURCE: MLS Metrolist
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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