Remodeled fourplex with an additional subdivided lot in the rear (tentatively approved), offering the potential to construct more units or independently sell the lot. Verify possibilities with the City of Sacramento. This property was just appraised at $1,230,000.00. The fourplex itself boasts a total of 3,008 square feet of meticulously crafted living space. Unit 1 is currently leased for $1,350, Unit 2 for $1600, Unit 3 for $1,500, and Unit 4 for $1,700. Conveniently situated in the sought-after Oak Park neighborhood, within walking distance to the UC Davis Medical Center. Featuring on-site laundry and private parking at the rear, this property offers both comfort and convenience. Additionally, the separate lot presents a promising prospect for future development or a separate sale, adding to the overall value and potential of this investment. Ensure to consult with the City of Sacramento for comprehensive details on zoning and development options.
Property Type :
ResidentialIncome
County :
Sacramento
Style :
ResidentialIncome
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ByOwner last updated this listing 05/21/2024 @ 18:12
MLS: 223115695
LISTED BY: Alexandru Sirb, Fathom Realty Group, Inc.
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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