Pending
2546 Traction
Sacramento CA, 95815
$2,300,000
Pending
4 Beds
4 Baths
Multi-family
Built in 1960
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!
223112274
MLSⓇ ID
April 26, 2024
Updated
Map
2546 Traction
Sacramento CA, 95815
Interior Features
Total Stories
2
Bedrooms
4 Beds
Bathrooms
4 Baths
Interior Features
Laminate, Tile, Vinyl
Floor Description
Laminate, Tile, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit(s)
Heating
No
Exterior/Building Features
Lot Size
0.15 Acres
Lot Features
Irregular Lot
Sewer
Public Sewer
School Information
School District
Twin Rivers Unified
Other Property Details
Area Name
10815
Garage
No
Parking Total
13
View
No
County
Sacramento
Water Source
Public
Pool
No
Zoning
R-2B
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
4/26/2024 | Pending | — |
Courtesy of Arriaga Real Estate, Frankie Thornton,
Listing Contact:
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