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999 Arcade Boulevard

Sacramento, CA 95815
  • $950,000
  • STATUS: Active
  • ON SITE: 84 Days
  • MLS #: 222019615
Price Reduced
UPDATED: 148 min ago
$950,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1960
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Solid investment opportunity. Its a unique 6 units apartment in the middle of single family homes. 2 bedroom 1 bath each . Single story building. One building. Slab foundation. Stucco on the outside. Dual pane windows. Low maintenance. All units are occupied. 3 section 8 tenants and 3 regular tenants. All units are in good condition. 4 tenants have been there for over 2 years. Total monthly rent is $7206. One of the best investment properties on the market with great cash flow. Rents are below market. Market rents in that area are over $1400 now. It has tons of potential to get much higher return in the future. Laundry room can be utilized to get extra income. If you are doing an exchange then this is your property to hold for long term. Sacramento market is super hot and the rents are sky rocketing. This is the time to get in and enjoy the return on your money. Its a must see.

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Metrolist MLS logo © 2022 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2022-05-15T23:39:04.813. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.ardarealty.co/homes/125992706
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999 Arcade Boulevard Sacramento, CA 95815

  • Price: $950,000
  • Status: Active
  • On Site: 84 Days
  • Updated: 148 min ago
  • MLS #: 222019615
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1960
Built
Neighborhood:
Sacto Arden-Arcade Creek/Vicinit
County:
Sacramento
Area:
Sacto Arden-Arcade Creek/Vicinit
Elementary School:
Twin Rivers Unified
Middle School:
Twin Rivers Unified
High School:
Twin Rivers Unified
School District:
Sacramento
Property Description
Solid investment opportunity. Its a unique 6 units apartment in the middle of single family homes. 2 bedroom 1 bath each . Single story building. One building. Slab foundation. Stucco on the outside. Dual pane windows. Low maintenance. All units are occupied. 3 section 8 tenants and 3 regular tenants. All units are in good condition. 4 tenants have been there for over 2 years. Total monthly rent is $7206. One of the best investment properties on the market with great cash flow. Rents are below market. Market rents in that area are over $1400 now. It has tons of potential to get much higher return in the future. Laundry room can be utilized to get extra income. If you are doing an exchange then this is your property to hold for long term. Sacramento market is super hot and the rents are sky rocketing. This is the time to get in and enjoy the return on your money. Its a must see.
Exterior Features

Carport Spaces 0.00 Construction Materials Wood Covered Spaces 0.00 Foundation SlabConcrete Independent Parking Spaces 0 Levels One Lot Features Shape Regular Num Of Floors 1 Num Of Guest Spaces 0 Open Parking Spaces 0.00 Parking Features Uncovered Roof Shingle Tandem Parking Spaces 0 Total Parking Spaces 5.00

Interior Features

Cooling Wall Unit(S) Flooring TileLaminateVinyl Heating Wall Furnace Laundry Features In Common AreaWasher/Dryer Hookups Num Of Rooms 0 Num Of Studio Units 0 Num Of1 Bedroom Units 0 Num Of2 Bedroom Units 6 Num Of3 Bedroom Units 0 Num Of4 Bedroom Units 0 Unit1 Approx Sq Ft 600 Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Partial Baths 0 Unit1 Rent 1000 Unit1 Rooms 2 Unit1 Type Flat Unit2 Approx Sq Ft 600 Unit2 Bedrooms 2 Unit2 Full Baths 1 Unit2 Partial Baths 0 Unit2 Rent 1100 Unit2 Rooms 0 Unit3 Approx Sq Ft 600 Unit3 Bedrooms 2 Unit3 Full Baths 1 Unit3 Partial Baths 0 Unit3 Rent 1100 Unit3 Rooms 0 Unit4 Approx Sq Ft 600 Unit4 Bedrooms 2 Unit4 Full Baths 1 Unit4 Partial Baths 0 Unit4 Rent 1200 Unit4 Rooms 0

Property Features

1 Bedroom Annual Occupancy 0 2 Bedroom Annual Occupancy 100 2 Bedroom Rent Range 1200 3 Bedroom Annual Occupancy 0 4 Bedroom Annual Occupancy 0 Association Fee 0 Association YN No Elevation 0 Income Includes Rent Only Irrigation Public District Lease Deposit 0 Num Of Commercial Units 0 Operating Expense Includes Professional ManagementElectricityRepairsGasInsurance Property Subtype 5 Or More Units Property Type Residential Income Sewer In & Connected Special Listing Conditions None Studio Annual Occupancy 0 Subtype Description Apartments Tenant Pays Rent Only Utilities Electric Water Source Meter On Site Zoning R1

Metrolist MLS logo Listing provided courtesy of Intrust Realty Group: . Listing information © 2022 MetroList Services, Inc.


Metrolist MLS logo © 2022 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2022-05-15T23:39:04.813. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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John Acord Team | Arda Realty
915 Douglas Blvd. Ste. 3
Roseville CA, 95678