Description
Prime investment in the san juan school district: two fully renovated 4-unit buildings at 5364 & 5372 garfield ave in sacramento (both properties to be purchased together, separate listings, total price is 3m, cap rate is 4.7%). set in a quiet area near carmichael, this property offers quality living spaces designed with low maintenance in mind - ideal for attracting high-quality tenants. each unit was remodeled in 2022, featuring durable anlin windows, vinyl plank floors, marble kitchen backsplashes, and top appliances. newer roof. the property includes one spacious 3-bedroom (1,250 sf), 2-bath unit with in-unit laundry and seven 2-bedroom, 1-bath units, each with a large balcony or fenced patio. bathrooms were redone with moen fixtures, kohler cast iron tubs, quartz counters, and durable tile for a clean, modern look. the landscaped grounds include river rocks, olive and lemon trees, and synthetic grass for easy upkeep. the property generates a steady overall monthly income of $16,945, with a 4.7% cap rate and high tenant satisfaction. all tenants recently renewed their leases. conveniently located near parks, schools, shopping, and dining, this 8-unit complex combines modern amenities with a peaceful setting, offering a standout investment in a strong rental market.
Property Type
ResidentialIncomeCounty
SacramentoStyle
ResidentialIncomeAD ID
47619564
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BuyOwner last updated this listing 01/31/2025 @ 00:55
- MLS: 224125289
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: MLS Metrolist
is a Home, with bedrooms which is for sale, it has 3,900 sqft, 3,900 sized lot, and 0 parking. are nearby neighborhoods.