Property Details
About this Property
Excellent opportunity for an owner/user to acquire four units and leave one for themselves to occupy. The building is currently generating $10,655 a month in gross income. It is very rare to acquire two newly constructed townhomes and a remodeled duplex in a thriving location of Midtown Sacramento. The back building was built in 2022 and has (2) two bedroom/1.5 bathroom 1050 Square foot townhouse style units that is attached to a 3 car garage. Freestanding units like these sell for $850,000 each within the area. The Front building is a remodeled duplex. Both top and bottom units are 3bedroom/1bathroom 1,240 Square foot units that have been completely remodeled with laundry included. Largest fourplex available and currently a 5.54% cap rate on actuals.
MLS Listing Information
MLS #
ME224092975
MLS Source
MetroList Services, Inc.
Days on Site
123
Interior Features
Flooring
Varies by Unit
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Foundation
Slab, Other
Style
Other
Parking, School, and Other Information
Garage/Parking
Garage, Other, Garage: 3 Car(s)
Sewer
Public Sewer
HOA Fee
$0
Zoning
R-3A-SPD
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 3 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,240 | 3 | 1/0 | $2,645 |
| 2 | 1,240 | 3 | 1/0 | $2,605 |
| 3 | 1,050 | 2 | 1/1 | $2,645 |
| 4 | 1,050 | 2 | 1/1 | $2,760 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1508 E St is a Residential Income in Sacramento, CA 95814. This 4,580 square foot property sits on a 6,534 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,695,000 and was built in –. This address can also be written as 1508 E St, Sacramento, CA 95814.
©2024 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of October 17, 2024. For the most current information, please contact Matthew Sarro, (916) 616-5267
