3226 W St - Apartments FOR SALE


Sacramento, CA 95817- North Oak Park
$899,000 USD
916-730-3846
3226 W St, Sacramento, CA for Sale
$899,000 USD
Apartments - FOR SALE
1/19
null | 6.2% Cap Rate

3226 W St
Sacramento, CA 95817
North Oak Park


HIGHLIGHTS

  • VERY NICE TURN KEY COTTAGES
  • PRIVATE QUIET CLEAN SAFE

OVERVIEW

Excellent turn-key investment. ONE COTTAGE IS NOW VACANT AND READY TO SHOW!! !Fresh paint & new roofs! A great opportunity to own 4 darling & desirable detached cottages on one lot, centrally located on a quiet street near shopping, restaurants & downtown. 3226, 3228 & 3230 W Street are all cute 1-bedroom, 1 full bath cottages with lots of character and charm. Each property features a comfortable living room, spacious kitchen, and inside laundry hook-ups. 3226 is located over the 3-car garage and features 2 bedrooms & 1 full bath & W/D hook-ups. Garage spaces are offered to the tenants to rent for additional income. Tenants pay gas & electricity. Close to everything; UC Davis Medical Center, downtown, award-winning schools, shopping, parks & freeway access. One unit at 3230 W Street has been updated, is vacant, and available to be shown. PLEASE DO NOT DISTURB THE Tenants of the other units. Tenants are on Month-to-Month leases. Tenants pay metered gas & electricity separately. Rents are $1,500, $1,495, $1,502, and $1,895 per month. In addition to rents, tenants also pay a total of $237, combined per month, towards sewer/water/garbage & garage rent. Total monthly income is $6,629. Total annual income is $79,548. GRM is 11.3 and 8.85% Cap Rate based on gross rents. A fantastic investment opportunity with lots of potential. Listing courtesy of Greg Batchelder, DRE# 00182401, Windermere Signature Properties, El Dorado Hills/Folsom.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$467 USD /SF

# OF UNITS

4

PRICE/UNIT

$224,750

CAP RATE

6.2%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1939

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,717 SF

ZONING

R-4

APN/PARCEL ID

010-0262-005

ASK ABOUT THIS PROPERTY

Ron BenningRon BenningMore Info
916-730-3846

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Ron BenningRon BenningMore Info
916-730-3846

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