$792,000
$769,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
0.47 Acres Lot
SOLD DATE : 08/02/2024
Key Details
Sold Price $792,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 224064138
Sold Date 08/02/24
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1952
Lot Size 0.470 Acres
Acres 0.47
Lot Dimensions 20,473.20 square feet
Property Sub-Type Quadruplex
Property Description
This property presents a remarkable opportunity for both investors and builders! Situated in an excellent location, it stands out from typical investment properties. The 4-Plex is meticulously maintained and exudes a sense of pride in ownership. Its corner lot boasts impressive curb appeal, immediately captivating anyone who drives up. The generously sized lot spans just under half an acre and is zoned RD-30, allowing for the addition of 10 more units. This has been confirmed by Sacramento County. The current rents are below the prevailing rates in the area, offering the next owner the potential for increased revenue. The owner has spent over $67k in renovations in the past 2 years. Recent renovations include a $19K investment for brand new roof & gutters on a separate building; which encompasses a carport, storage & laundry room,(PERMIT & receipt on file). Freshly painted interiors, remodeled bathrooms in 2 bedroom units, new HVAC unit, 2 new water heaters, new front fence & more. This property is a must-see, as it is conveniently located near Sac State University, Sacramento International Airport, Downtown Sacramento, Golden1 Arena, shopping centers, public transportation, and all other city conveniences. Don't delay, as this opportunity is expected to be swiftly taken!
Location
State CA
County Sacramento
Area 10821
Direction HWY 80 to Fulton Ave. to RIGHT on Edison Ave., it's on the CORNER of Bell St. & Edison Avenue. *** OR *** From Marconi Ave. & Howe Ave., go East on Marconi to Bell St., make a LEFT, go north to Edison Ave. and make a RIGHT. The property will on the LEFT handside, (corner lot).
Interior
Heating Central
Cooling Central
Flooring Tile
Appliance Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater, Free Standing Electric Oven
Laundry Washer/Dryer Leased
Exterior
Exterior Feature Yard Space
Parking Features Carport, Covered, Guest Parking Available
Carport Spaces 5
Utilities Available Cable Available, Natural Gas Connected, City, Electric, Internet Available
Water Access Desc Water District
Roof Type Composition
Topography Level
Total Parking Spaces 15
Building
Lot Description Corner, Shape Irregular, Sidewalk, Landscape Front
Story 1
Foundation Slab
Sewer Sewer Connected, Public Sewer
Water Water District
Architectural Style Ranch
Level or Stories One
Schools
Elementary Schools San Juan Unified
Middle Schools San Juan Unified
High Schools San Juan Unified
School District Sacramento
Others
Senior Community No
Tax ID 254-0031-035-0000
Special Listing Condition None
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Bought with Patricia Ladd Real Estate Services
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