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$875,000

Est. payment - /mo

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2,128 SqFt

Price Dropped by $4K

3819 Altos AVE Sacramento, CA 95838

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Desmond Sandy

desmond@sandyrealestategroup.com +1(530) 263-1925

UPDATED:

10/21/2024 09:52 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,128 sqft

Price per Sqft $411

MLS Listing ID 224065663

HOA Y/N No

Originating Board MLS Metrolist

Year Built 2007

Lot Size 6,970 Sqft

Acres 0.16

Property Description

Explore an outstanding investment opportunity with this property featuring 3 distinct buildings on a single lot, offering a total of 4 units. Among the offerings are 2 units with 3-bed, 2-bath; a 2-bed, 1-bath; and a convenient studio unit with 1 bath. The gross income generated is a total of $83,376. The property is fully occupied by long term tenants. Tenants in 2 of the 4 units have been living there for more than 10 years. Additionally some units are due for rent increases. The property offers stabilized rents, long term tenants, and all builds have been completed with permits providing stability and consistent rental income. Located in close proximity to parks, golf courses, schools, shopping centers, and a variety of dining options, quick access to the airport, downtown area, and major highways. Great option for investors looking to expand their portfolio or enter the rental market. Don't miss your chance to acquire a valuable asset in a thriving community.

Location

State CA

County Sacramento

Area 10838

Direction Going South of Grand Ave turn left to ALtos Ave first street turn left

Interior

Heating Central, Other

Cooling Central, Window Unit(s)

Flooring Varies by Unit, Other

Laundry Other

Exterior

Garage Other

Utilities Available Other

Water Access Desc Public

Building

Lot Description Other

Story 1

Foundation Other

Sewer Public Sewer

Water Public

Schools

Elementary Schools Twin Rivers Unified

Middle Schools Twin Rivers Unified

High Schools Twin Rivers Unified

School District Sacramento

Others

Senior Community No

Tax ID 250-0073-011-0000

Special Listing Condition None

Listed by Kinetic Real Estate

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Desmond Sandy

Agent | License ID: 02083867

+1(530) 263-1925