Description
Fantastic investment opportunity in one of sacramento's fastest growing neighborhoods, oak park. ~3,900sqft total in 3 total buildings spread across a 6,098sqft lot. front unit: 4bed, 2bath, ~1,500sqft, detached, laundry in unit, access from 3rd ave, 1 off street parking space. middle 2 units: 1bed+den, 1bath, ~600sqft & 1bed+den, 1bath, ~600sqft, two story building, laundry in both units, and large storage closets. back unit: 3bed, 2.5bath, ~1,200sqft, detached, laundry in unit, access from alley, 1 off street parking space. all units have undergone extensive renovations and retrofits which should leave the next owner with little future on going maintenance. 1 of 4 units rented, the front house at a total of $2,995 per month for one year; the current owner is prepared to deliver the property with 3 units vacant or can help lease up the entire property. this is an excellent opportunity for an investor looking for a stable asset in sacramento with a ton of potential upside. this could also make a good investment for someone that wants to live in one unit and rent the other three. the property, with estimated market rents and expenses, could achieve a 8.59cap, 9.6grm and is being sold at approximately $294 per sqft.
Property Type
ResidentialIncomeCounty
SacramentoStyle
ResidentialIncomeAD ID
46568899
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BuyOwner last updated this listing 03/03/2025 @ 22:15
- MLS: 224080798
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: MLS Metrolist
is a Home, with bedrooms which is recently sold, it has 3,900 sqft, 3,900 sized lot, and 0 parking. are nearby neighborhoods.