Thank you
Greg Batchelder
Lyon RE Folsom
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Excellent turn-key investment. A great opportunity to own a 4-Plex (2 duplex on one lot), centrally located. 6648,6650,6652, & 6654 are all single-story units with 2 bedrooms, 1 full bath, and a 1 car garage. Each property features a comfortable living room, spacious kitchen, and laundry hook-ups. The large driveway provides plenty of off- street parking. There are 2 quiet & private back yards that are shared by the tenants. Close to everything; shopping, restaurants, schools, Sac State University, UC Davis Medical Center, downtown, and freeway access. PLEASE DO NOT DISTURB THE TENANTs. Tenants are on Month-to-Month leases. Tenants pay separately metered gas & electricity. Rents are $1,562, $1,854, $2,045, and $2,002 per month. In addition to rents, tenants also pay a total of $432, combined per month, towards sewer/water/garbage. Total monthly income is $7,895. Total annual income is $94,743. 7.02% Cap Rate. A fantastic investment opportunity with lots of potential.
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Window Feature : Window Coverings,Varies by Unit
Sewer: In & Connected
Roof : Composition
Appliances : Varies By Unit,See Remarks
Laundry Features: Washer/Dryer Hookups
Composition
Carpet,Vinyl,Linoleum,Varies by Unit
Heating: Central,Separate,Other
Cooling: Separate,Central
Water Source: Meter on Site,Public
Year Built: 1953
Stories: 1
Construction: Frame,Wood
Roof: Composition
Foundation Details: Other
Yard Space
Foundation Details: Other
Washer/Dryer Hookups
Lot Description: Shape Regular,Curbs/Gutters,Sidewalk,Landscape Back,Landscape Front
Lot Square Feet: 13,939
Stories: 1
Topography: Level
Property Type: ResidentialIncome
Sub Type: Quadruplex
Style: Contemporary
Subdivision: COLONIA ACRES
Source Neighborhood: COLONIA ACRES
Construction Materials: Frame,Wood
Property Age: 71
Cross Street: 65TH STREET
Source Neighborhood: 10820
Postal Code Plus 4: 3401
Area: Sacramento S: 95820
Zoning: R-2
Structure Type: Flats
Irrigation Source: None
Listing Id: 224029080
List Price: $1,350,000
Parcel Number: 021-0075-004-0000
No of Garage Spaces: 4
Parking Total: 10
Attached,Garage,Varies by Unit
Association YN : No
Calculated Total Monthly Association Fees : $0
Elementary School District: Sacramento Unified
Junior High School District: Sacramento Unified
Senior High School District: Sacramento Unified
Natural Gas Connected,City,Electric
Electric: 220 Volts
Direction: Hwy 50 to south on 65 th Street to LEFT on 14 th Ave. Across from Hiram Johnson High School.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
23rd Ave, Sacramento, CA,95820 | $379,000 | 3 | 2 | 1,435 | -- |
Parker Avenue, Sacramento, CA,95820 | $380,000 | 3 | 2 | 1,502 | -- |
36th Street, Sacramento, CA,95820 | $425,000 | 3 | 2 | 1,253 | -- |
22nd Avenue, Sacramento, CA,95820 | $395,000 | 3 | 2 | 1,344 | -- |
San Carlos Way, Sacramento, CA,95820 | $379,900 | 2 | 2 | 1,218 | -- |
San Diego Way, Sacramento, CA,95820 | $349,000 | 4 | 2 | 1,300 | -- |
E Pacific Avenue, Sacramento, CA,95820 | $624,900 | 3 | 2 | 1,599 | -- |
8th Avenue, Sacramento, CA,95820 | $525,000 | 3 | 2 | 1,000 | -- |
38th Street, Sacramento, CA,95820 | $389,000 | 3 | 1 | 1,397 | -- |
9th Avenue, Sacramento, CA,95820 | $459,000 | 2 | 1 | 752 | -- |
ByOwner last updated this listing 05/06/2024 @ 06:39
MLS: 224029080
LISTED BY: Greg Batchelder, Lyon RE Folsom
SOURCE: MLS Metrolist
Buyer Agency Compensation: 2.5%
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.