Marcus & Millichap is pleased to present as exclusive listing agent, a fee simple interest in 1535 Arcade Blvd in Sacramento, California. This fully occupied three-unit multifamily property offers an exceptional opportunity to add value to an already cash-flowing asset, with current annual rental income exceeding $84,000.
This property features a large 3-bed, 1-bath main house, a 2-bed, 1-bath secondary house, and a 2-bed, 1-bath cottage. All 3 structures have seen a mix of recent renovations, including flooring, cabinetry, countertops and new roofs. All three roofs were replaced in 2021. Additional revenue can be gained from further development of two non-conforming units.
Positioned in a strong rental market, this asset combines immediate and stable cash flow with the opportunity to add significant value.
Please do not disturb tenants or management.