This Lender Owned property offers an opportunity for the next investor to purchase a well maintained investment of all 2 bedroom units currently averaging $1996/u/m. There is excess land in the back of the property that could developed into additional ADU's. Current collected rents are higher than market so there is a gain to lease benefit in the immediate term of ownership. When and if all units get traded out to market, the cap rate is 6.7%.
Features
12 bedrooms
1 bathroom
directions_car12 carspaces
3896 sq. ft. floor area
crop_free20068.09 sq. ft. lot size
cottageMulti-Family
Happy sellers in Sacramento
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Local market activity for 12 bedroom multi families in Sacramento
Sold
For Sale
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