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Realty Point, Inc.

admin@realtypoint.net +1(916) 936-3930

$680,000

Est. payment - /mo

1,936 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,936 sqft

Price per Sqft $351

MLS Listing ID 226121768

HOA Y/N No

Year Built 1954

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Quadruplex

Source MLS Metrolist

Property Description

Excellent investment opportunity! This gated and well-maintained 4-plex offers a turnkey addition to an investor's portfolio, with one unit currently vacantproviding flexibility for potential owner occupancy or the opportunity to lease at current market rent. The property underwent extensive renovations approximately five years ago, including updated kitchens and bathrooms, flooring, windows, lighting, and energy-efficient mini-split heating and cooling systems. Reported 5.7% cap rate! Designed with ease of ownership in mind, the property offers a low-maintenance setup along with a private, gated parking lot for residents. Conveniently located within walking distance to shopping, everyday amenities, and public transportation, making it an attractive option for tenants. Located within an Opportunity Zone, this property may also offer potential tax advantages for qualifying investors. A great opportunity to acquire an updated, income-producing multifamily property with the added flexibility of a vacant unit.

Location

State CA

County Sacramento

Area 10824

Direction 99 to Fruitridge. East on Fruitridge right on 53rd to address.

Rooms

Other Rooms Unit-1 Type: Apartment Approx SqFt: 484 Bedrooms: 1 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 1295 SqFt Source: Tax Record Unit-2 Approx SqFt: 484 Bedrooms: 1 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 1295 SqFt Source: Tax Record Unit-3 Type: Apartment Approx SqFt: 484 Bedrooms: 1 Full Baths: 1 Total Rooms: 4 Occupancy: Vacant Rent: 1295 SqFt Source: Tax Record Unit-4 Type: Apartment Approx SqFt: 484 Bedrooms: 1 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 1275 SqFt Source: Tax Record

Basement None

Interior

Heating Ductless, MultiUnits

Cooling Ceiling Fan(s), Ductless, MultiUnits

Flooring Laminate

Window Features Dual Pane Full

Appliance Free Standing Gas Range, Free Standing Refrigerator, Dishwasher, Microwave, Disposal

Laundry Coin Operated, In Common Area, Washer/Dryer Owned, Varies by Unit

Exterior

Exterior Feature Yard Space

Parking Features Off Street, Street, Uncovered

Utilities Available Sewer In & Connected, Electric, Natural Gas Connected

Water Access Desc Meter on Site,Public

Roof Type Shingle,Composition

Topography Level

Porch Balcony/Deck

Total Parking Spaces 6

Building

Lot Description Auto Sprinkler F&R, Curb(s), Shape Regular, Curbs/Gutters, Landscape Back, Landscape Front

Story 2

Foundation Concrete, Slab

Sewer Public Sewer

Water Meter on Site, Public

Level or Stories One

Schools

Elementary Schools Sacramento Unified

Middle Schools Sacramento Unified

High Schools Sacramento Unified

School District Sacramento

Others

Senior Community No

Tax ID 026-0072-006-0000

Special Listing Condition None

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Listed by KW Sac Metro

Nearby School & Business

Homes Availalbe by Area

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Realty Point, Inc.

+1(916) 936-3930

Real Estate Brokerage CA DRE#02212763

5631 53rd ST Sacramento, CA 95824

Realty Point, Inc.

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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