2307 Edison Avenue

Arden-Arcade CA 95821

0.47 ac.

Multi-Family

Currently for sale - view listing

Overview

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!