Property Details
About this Property
Ask how you can assume the 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 unique and valuable opportunity.
MLS Listing Information
MLS #
ME224101989
MLS Source
MetroList Services, Inc.
Days on Site
67
Interior Features
Flooring
Vinyl
Cooling
Varies by Unit
Heating
Varies by Unit
Exterior Features
Foundation
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 | 4 | – |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 500 | 1 | 1/0 | $1,188 | – | – |
| 2 | 500 | 1 | 1/0 | $1,300 | – | – |
| 3 | 500 | 1 | 1/0 | $945 | – | – |
| 4 | 1,100 | 2 | 1/0 | $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 – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $999,000 and was built in –. This address can also be written as 1204 South Ave, Sacramento, CA 95838.
©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 November 19, 2024. For the most current information, please contact Michael Lim, (916) 835-7912
