Property Details
About this Property
Ask how you can assume the FHA 2.75% loan! Presenting an outstanding investment opportunity. This versatile property comprises a total of 6 units, including 4 primary residences and 2 newly constructed ADUs, both built in 2024. The property features a well-balanced mix of unit types:(3)1-bedroom, 1-bathroom units and (3)2-bedroom, 1-bathroom units. Each unit has been thoughtfully designed to maximize space and functionality, with the ADUs offering modern layouts that appeal to today's renters. The total potential rental income for this property exceeds $9,450 per month/ $113,400 per year, making it an exceptional addition to any investment portfolio. The two new ADU units are currently vacant, providing immediate rental opportunities or flexible living arrangements. The remaining four units are fully occupied, ensuring a steady income stream from day one. This property is ideally suited for investors looking to maximize rental income or for buyers seeking a versatile property with multiple income-generating possibilities. Whether you are an investor aiming to capitalize on strong cash flow, a buyer interested in flexible living options, or someone looking to leverage rental income to support mortgage payments, this six-unit property represents a
MLS Listing Information
MLS #
ME224101989
MLS Source
MetroList Services, Inc.
Days on Site
101
Interior Features
Flooring
Vinyl
Cooling
Varies by Unit
Heating
Varies by Unit
Exterior Features
Foundation
Slab, Concrete Perimeter and Slab
Parking, School, and Other Information
Garage/Parking
Off-Street Parking, Garage: 0 Car(s)
Elementary District
San Juan Unified
High School District
San Juan Unified
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Zoning
R-1
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 5 | 6 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 500 | 2 | 1/0 | $1,850 |
| 2 | 500 | 2 | 1/0 | $1,850 |
| 3 | 500 | 1 | 1/0 | $1,300 |
| 4 | 1,100 | 4 | 3/0 | $1,850 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1204 South Ave is a Residential Income in Sacramento, CA 95838. This 3,649 square foot property sits on a 10,070 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $967,000 and was built in –. This address can also be written as 1204 South Ave, Sacramento, CA 95838.
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This listing information is up-to-date as of November 22, 2024. For the most current information, please contact Michael Lim, (916) 835-7912
