3106 1st Ave - Multi-Family FOR SALE


Sacramento, CA 95817- North Oak Park
$900,000 USD
916-606-3828
3106 1st Ave, Sacramento, CA for Sale
$900,000 USD
Multi-Family - FOR SALE
1/8
null | 4.51% Cap Rate

3106 1st Ave
Sacramento, CA 95817
North Oak Park


HIGHLIGHTS

  • Vintage character
  • Large windows
  • Green yard space

OVERVIEW

Great opportunity to own five unit building of vintage American colonial style. Originally built as a fourplex, the 5th unit is an easy-to-rent roomy attic studio with its own exterior entrance. The other four spacious units have a mix of one-bedroom and two-bedroom floorplans that flow between living room, dining room, bedroom, and kitchen areas. Possible upsides to income include regular rent increases and developing off-street parking from the alley in the rear. These desirable apartments are rarely vacant.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$304 USD /SF

# OF UNITS

5

PRICE/UNIT

$180,000

CAP RATE

4.51%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1893

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R-2B

APN/PARCEL ID

010-0305-002-0000

ASK ABOUT THIS PROPERTY

Kari BryskiGrounded.More Info
916-606-3828

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Kari BryskiGrounded.More Info
916-606-3828

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.