$830,000
$839,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
3,536 SqFt
SOLD DATE : 02/20/2025
Key Details
Sold Price $830,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,536 sqft
Price per Sqft $234
MLS Listing ID 224092871
Sold Date 02/20/25
HOA Fees $400/mo
HOA Y/N Yes
Originating Board MLS Metrolist
Year Built 1964
Lot Size 2,601 Sqft
Acres 0.0597
Property Sub-Type Quadruplex
Property Description
This wonderful Four plex is a great investment with huge positive cash flow. Total annual rent is $74,484, Annual Expense include sewer, water and hot water is less than $10,000. HOA is low $400 a month and it covers your ground maintenance and trash. CAP RATE is 7.6%!!! All 8 Home owners are members of the HOA. It s a reasonable and friendly HOA to work with. This opportunity does not come often. Act now to be the next owner of this updated building. Brand new certified roof in 2023, brand new commercial water heater 2024, new AC unit 4, All 3 units have been remodeled and upgraded except unit 3. New clear out was installed and pipe service was also completed in 2024. Own with confidence and start collecting your return investment while property value is being appreciated.
Location
State CA
County Sacramento
Area 10841
Direction 80 East, exit Madison Ave, Right on Date Ave, Right on Ashdale ct. Last building on your left.
Interior
Heating Central
Cooling Ceiling Fan(s), Central
Flooring Tile, Laminate, Vinyl
Laundry In Each Unit, Washer/Dryer Hookups
Exterior
Parking Features Other
Utilities Available Natural Gas Connected
Amenities Available None
Water Access Desc Meter on Site,Public
Roof Type Shingle
Total Parking Spaces 5
Building
Lot Description Court
Story 2
Foundation Slab
Sewer In & Connected
Water Meter on Site, Public
Level or Stories Two
Schools
Elementary Schools Sacramento Unified
Middle Schools Sacramento Unified
High Schools Sacramento Unified
School District Sacramento
Others
HOA Fee Include MaintenanceGrounds, Trash
Senior Community No
Tax ID 228-0450-033-0000
Special Listing Condition None
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Bought with WST Properties Inc.