Property Details
About this Property
Exceptional investment opportunity! This beautifully renovated quadruplex features four spacious units, 2 units rented with reliable, on-time paying tenants (1 unit with section 8 tenant). The current rents are below market and due for increase. Two units will be vacated by mid December. Other two of the units have leases ending in February and March (potential to get higher paying tenants). With modern upgrades and well-maintained interiors, this property is turnkey and perfect for the savvy investor. Each apartment has 2 A/C wall units that are fairly new. A must-see for those seeking steady rental income and long-term value. It is priced well below market value. The seller is retiring and is winding down their real estate investments, so a great opportunity to own an income-producing investment.
MLS Listing Information
MLS #
ME224127296
MLS Source
MetroList Services, Inc.
Days on Site
35
Interior Features
Appliances
Other, Oven - Built-In, Oven - Electric, Oven - Gas, Oven Range - Gas, Refrigerator
Flooring
Laminate, Linoleum, Tile, Vinyl
Cooling
Ceiling Fan, Multi Units, Window/Wall Unit
Heating
Gas, Separate
Exterior Features
Roof
Composition, Shingle
Foundation
Slab, Concrete Perimeter and Slab
Style
Ranch
Parking, School, and Other Information
Garage/Parking
Side By Side, Street, Garage: 0 Car(s)
High School District
Center Joint Unified
Sewer
Public Sewer
HOA Fee
$0
Complex Amenities
Community Security Gate, Playground
Zoning
R-2B
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 2 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 500 | 1 | 1/0 | – |
| 2 | 500 | 1 | 1/0 | – |
| 3 | 500 | 1 | 1/0 | $1,100 |
| 4 | 500 | 1 | 1/0 | $1,250 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
748 Lampasas Ave is a Residential Income in Sacramento, CA 95815. This 1,944 square foot property sits on a 6,970 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $649,800 and was built in –. This address can also be written as 748 Lampasas Ave, Sacramento, CA 95815.
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This listing information is up-to-date as of December 16, 2024. For the most current information, please contact Sumandeep Dhaliwal, (916) 308-9445
