7656 23rd St - Multi-Family FOR SALE


Sacramento, CA 95832- Meadowview
$550,000 USD
916-730-3846
7656 23rd St, Sacramento, CA for Sale
$550,000 USD
Multi-Family - FOR SALE
1/31
null | Request Cap Rate

7656 23rd St
Sacramento, CA 95832
Meadowview


HIGHLIGHTS

  • Remodeled Kitchen
  • Remodeled Bathrooms
  • New Flooring
  • New Sliding Glass Doors
  • Recently painted inside and outside
  • Stucco Exterior

OVERVIEW

Don’t miss out on this great Sacramento Off-Market duplex Opportunity for principals only. This duplex is the very popular floor plan that wraps around the corner, with one side being on 23rd Street and the other side being on Pierre Avenue (see pictures for floor plans) . The interiors of both units have recently been updated, including: New interior paint, New Carpet and Vinyl plank flooring, and new granite countertops in the kitchens. On the outside, the property features new garage doors, new sliding patio doors, new fencing, and exterior patio doors. All pictures were taken prior to the current tenants moving in. Each unit is a 2-bedroom, 1-bath with one car garage and a spacious backyard. They are currently rented for $1845 each, which translates to an annual income of $44,280 with a very respectable GRM of 12.42. I have special financing lined up for whatever your needs are, including low-document loans.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$335 USD /SF

# OF UNITS

2

PRICE/UNIT

$275,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

R-1

APN/PARCEL ID

052-0102-005

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 Policy.