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724 Lampasas

Sacramento, CA 95815
  • $1,275,000
  • STATUS: Closed
  • ON SITE: 418 Days
  • MLS #: 223107420
Sold - 06/25/2024
$1,275,000
SOLD - 06/25/2024
  • 4
    BEDS
  • 0.23
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1964
County:

School Information

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

Description

We are pleased to present the opportunity to acquire this 10-unit multi-family property, features a mix of 8 one-bedroom/one-bathroom units, & 2 two-bedroom/1-bathroom units, 7% Cap Rate, plenty of outside parking, laundry hookups, some unit have been renovated, Section 8 Vouchers in over half the units Allowing For Guaranteed Income. Offered at $140,000/Unit. Close to Restaurants, Retailers, Schools & Downtown Sacramento. A Must See!

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Metrolist MLS logo © 2025 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 2025-01-13T18:38:35.033. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.themacdonaldgroup.com/homes/145406171
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724 Lampasas Sacramento, CA 95815

  • Price: $1,299,000
  • Status: Closed
  • On Site: 418 Days
  • Updated: 53 min ago
  • MLS #: 223107420
4
Beds
4
Baths
0
½ Baths
0.23
Acres
1964
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
We are pleased to present the opportunity to acquire this 10-unit multi-family property, features a mix of 8 one-bedroom/one-bathroom units, & 2 two-bedroom/1-bathroom units, 7% Cap Rate, plenty of outside parking, laundry hookups, some unit have been renovated, Section 8 Vouchers in over half the units Allowing For Guaranteed Income. Offered at $140,000/Unit. Close to Restaurants, Retailers, Schools & Downtown Sacramento. A Must See!
Exterior Features

Carport Spaces 0 Construction Materials StuccoWood Covered Spaces 0 Exterior Features Fenced Yard Foundation Slab Independent Parking Spaces 0 Levels Two Lot Features Shape RegularSidewalk Num Of Floors 2 Num Of Guest Spaces 0 Open Parking Spaces 0 Parking Features DetachedUncovered Roof Composition Tandem Parking Spaces 0 Total Parking Spaces 12

Interior Features

Cooling Wall Unit(s) Flooring TileLaminate Heating Wall Furnace Laundry Features Washer/Dryer Hookups Num Of Rooms 0 Num Of Studio Units 0 Num Of2 Bedroom Units 2 Num Of3 Bedroom Units 0 Num Of4 Bedroom Units 0 Unit1 Approx Sq Ft 550 Unit1 Partial Baths 0 Unit1 Rent 1180 Unit1 Rooms 2 Unit1 Type Apartment Unit2 Approx Sq Ft 550 Unit2 Partial Baths 0 Unit2 Rent 1200 Unit2 Rooms 0 Unit2 Type Apartment Unit3 Approx Sq Ft 550 Unit3 Partial Baths 0 Unit3 Rent 1200 Unit3 Rooms 0 Unit4 Approx Sq Ft 550 Unit4 Partial Baths 0 Unit4 Rent 1179 Unit4 Rooms 0

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 Sewer Connected Special Listing Conditions Offer As IsOther Studio Annual Occupancy 0 Subtype Description Apartments Utilities Natural Gas Connected Water Source Public Zoning R2b

Metrolist MLS logo Listing provided courtesy of Arriaga Real Estate: . Listing information © 2025 MetroList Services, Inc.


Metrolist MLS logo © 2025 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 2025-01-13T18:38:35.033. 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