Description
One of sacramento's last affordable fourplexes with no hoa! another rare feature is that the units each have their own water heaters and laundry hook up suitable for a stacker unit. since the tenants pay for the water heater in their unit this saves the owner about$120-$200 a month over all mckeon style 4 plexes. historically most fourplexes with their own laundry hook ups rent for as little more than average. there are 2 occupied units with tenants that have been there more than 25 years! those are rented for $1135 each. there are two rent-ready units that have been remodeled. according to rentometer pro the average rent in the area for a 2 bedroom, 1 bath is $1705. if the two vacant units are rented at market average value the total gross income would be $5680 monthly or $68,160 annually. this would provide a proformas grm of 10.26! keep in mind there is still lots of upside potential for rent improvements over time in the occupied units. the building has a stucco exterior and all dual pane windows. offer with confidence knowing the seller has already had a whole house inspection and a pest inspection.
Property Type
ResidentialIncomeCounty
SacramentoStyle
ResidentialIncomeAD ID
46610997
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BuyOwner last updated this listing 03/03/2025 @ 20:07
- MLS: 224088431
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: MLS Metrolist
is a Home, with bedrooms which is recently sold, it has 2,640 sqft, 2,640 sized lot, and 0 parking. are nearby neighborhoods.