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2546 Traction

Sacramento, CA 95815
  • $2,300,000
  • STATUS: Active
  • ON SITE: 140 Days
  • MLS #: 223112274
$2,300,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1960
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Here is a Great Opportunity to own this 18 Unit Apartment Complex, with a Cap Rate of 6.93 Qualified investors can assume loan in place at an interest rate of 4.85% with 30 year amortization. Property provides excellent cash flow as the current owner has invested over $160,000 in capital improvements; fencing, new gas lines, two operational laundry rooms, operational store rooms/storage areas, security cameras, exterior painting, fenced in and demarcated parking lot, and numerous safety improvements This property has 16-One Bedroom and 2-two Bedroom units. Most(~80%) units are upgraded with numerous improvements such as new flooring, cabinets, countertops, bath tubs, windows, Interior Painting, appliances New ownership can take advantage of dependable and consistent cash flow as most of the units are rented to tenants where government agencies or external programs pay most of the rent This is a Must See!

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Metrolist MLS logo © 2024 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2024-04-03T23:40:39.397. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.themacdonaldgroup.com/homes/145702506
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2546 Traction Sacramento, CA 95815

  • Price: $2,300,000
  • Status: Active
  • On Site: 140 Days
  • MLS #: 223112274
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1960
Built
Neighborhood:
Sacto Arden-Arcade Creek/Vicinit
County:
Sacramento
Area:
Sacto Arden-Arcade Creek/Vicinit
Elementary School:
Twin Rivers Unified
Middle School:
Twin Rivers Unified
High School:
Twin Rivers Unified
School District:
Sacramento
Property Description
Here is a Great Opportunity to own this 18 Unit Apartment Complex, with a Cap Rate of 6.93 Qualified investors can assume loan in place at an interest rate of 4.85% with 30 year amortization. Property provides excellent cash flow as the current owner has invested over $160,000 in capital improvements; fencing, new gas lines, two operational laundry rooms, operational store rooms/storage areas, security cameras, exterior painting, fenced in and demarcated parking lot, and numerous safety improvements This property has 16-One Bedroom and 2-two Bedroom units. Most(~80%) units are upgraded with numerous improvements such as new flooring, cabinets, countertops, bath tubs, windows, Interior Painting, appliances New ownership can take advantage of dependable and consistent cash flow as most of the units are rented to tenants where government agencies or external programs pay most of the rent This is a Must See!
Exterior Features

Carport Spaces 0 Construction Materials StuccoWood Covered Spaces 0 Foundation ConcreteSlab Independent Parking Spaces 0 Lot Features Shape Irregular Num Of Floors 2 Num Of Guest Spaces 0 Open Parking Spaces 0 Parking Features Off StreetOffsite Tandem Parking Spaces 0 Total Parking Spaces 13

Interior Features

Cooling Wall Unit(s)Window Unit(s) Flooring TileLaminateVinyl Heating Wall Furnace Laundry Features Coin OperatedWasher/Dryer Owned Num Of Rooms 0 Num Of Studio Units 0 Num Of1 Bedroom Units 16 Num Of2 Bedroom Units 2 Num Of3 Bedroom Units 0 Num Of4 Bedroom Units 0 Unit1 Approx Sq Ft 525 Unit1 Bedrooms 1 Unit1 Full Baths 1 Unit1 Partial Baths 0 Unit1 Rent 1150 Unit1 Rooms 2 Unit2 Approx Sq Ft 525 Unit2 Bedrooms 1 Unit2 Full Baths 1 Unit2 Partial Baths 0 Unit2 Rent 1200 Unit2 Rooms 2 Unit3 Approx Sq Ft 525 Unit3 Bedrooms 1 Unit3 Full Baths 1 Unit3 Partial Baths 0 Unit3 Rent 1300 Unit3 Rooms 2 Unit4 Approx Sq Ft 525 Unit4 Bedrooms 1 Unit4 Full Baths 1 Unit4 Partial Baths 0 Unit4 Rent 1300 Unit4 Rooms 2

Property Features

1 Bedroom Annual Occupancy 0 2 Bedroom Annual Occupancy 0 3 Bedroom Annual Occupancy 0 4 Bedroom Annual Occupancy 0 Association False Association Fee 0 Elevation 0 Income Includes Rent Only Irrigation Public District Lease Deposit 0 Num Of Commercial Units 0 Property Subtype 5 or More Units Property Type ResidentialIncome Sewer Public Sewer Special Listing Conditions Offer As Is Studio Annual Occupancy 0 Subtype Description Apartments Utilities Cable AvailableNatural Gas Connected Water Source Public Zoning R-2B

Metrolist MLS logo Listing provided courtesy of Arriaga Real Estate: . Listing information © 2024 MetroList Services, Inc.


Metrolist MLS logo © 2024 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2024-04-03T23:40:39.397. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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The MacDonald Group at PMZ Real Estate
1200 E. Orangeburg Ave Suite #202
Modesto CA, 95350