Property Details
About this Property
Turn key Investment property. This Altos acres beauty is for the new buyer.Total of 8 units. 2 bedroom 1 bathroom each unit. All units are fully occupied. Majority of the units are remodeled. Low maintenance units. Wall AC. Wall Heater. Dual Pane widows. Water proof flooring. New cabinets in some.New paint on the exterior. 1/3 acre lot. Plenty of room to add more units. Fully gated. Inside parking. $108,864 total yearly income. The market rents are much higher. Two new tenants are rented at $1400 each. Section 8 pays more. The proforma is excellent. This can be a cash cow. There is a huge shortage of rentals in sacramento. This is the opportunity to buy a 8 units with good cash flow. Two separate buildings. Each building has 4 units. Each building has a laundry room. The laundry rooms can also be activated to generate more income.
MLS Listing Information
MLS #
ME222021384
MLS Source
MetroList Services, Inc.
Interior Features
Flooring
Tile, Vinyl
Cooling
Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Foundation
Slab
Parking, School, and Other Information
Garage/Parking
Off-Street Parking, Garage: 0 Car(s)
HOA Fee
$0
Zoning
R-1
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 8 | – | – |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 728 | 2 | 1/0 | $1,000 | – | – |
| 2 | 728 | 2 | 1/0 | $1,400 | – | – |
| 3 | 728 | 2 | 1/0 | $1,000 | – | – |
| 4 | 728 | 2 | 1/0 | $1,000 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
2687 Altos Ave is a Residential Income in Sacramento, CA 95815. This 5,824 square foot property sits on a 0.31 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1963. This address can also be written as 2687 Altos Ave, Sacramento, CA 95815.
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This listing information is up-to-date as of August 22, 2022. For the most current information, please contact Mohammed Jalal, (916) 821-3212
