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3115 Crandall Avenue

Sacramento, CA 95815
  • $666,000
  • STATUS: Active
  • ON SITE: 5 Days
  • MLS #: 221146968
New On Site 5 Days Ago
UPDATED: 58 min ago
$666,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1964
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Looking to park your money in real estate. Look no further. This fourplex will give you a good cash flow. 2 bedroom 1 bathroom each. 2 separate duplex. All units have thier own backyard. Property is priced below market for one lucky buyer. Current rents are below market. Market rents are around $1450 each unit. It has great future potential. Very low maintenance. Slab foundation. Dual pane windows. Current rent is $4805 per month. Rent increase notice has been given to all tenants. Starting January 1st, 2022 total monthly rent will be $5123(9.2% cap).Excellent investment property with over 7% cap rate.All units are occupied. Must see.

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© 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-11-26T21:38:28.8. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.tlcrealtors.com/homes/123465415
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3115 Crandall Avenue Sacramento, CA 95815

  • Price: $666,000
  • Status: Active
  • On Site: 5 Days
  • Updated: 58 min ago
  • MLS #: 221146968
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1964
Built
Neighborhood:
Sacto Arden-Arcade Creek/Vicinit
County:
Sacramento
Area:
Sacto Arden-Arcade Creek/Vicinit
Elementary School:
Twin Rivers Unified
Middle School:
Twin Rivers Unified
High School:
Twin Rivers Unified
School District:
Sacramento
Property Description
Looking to park your money in real estate. Look no further. This fourplex will give you a good cash flow. 2 bedroom 1 bathroom each. 2 separate duplex. All units have thier own backyard. Property is priced below market for one lucky buyer. Current rents are below market. Market rents are around $1450 each unit. It has great future potential. Very low maintenance. Slab foundation. Dual pane windows. Current rent is $4805 per month. Rent increase notice has been given to all tenants. Starting January 1st, 2022 total monthly rent will be $5123(9.2% cap).Excellent investment property with over 7% cap rate.All units are occupied. Must see.
Exterior Features

Carport Spaces 0 Construction Materials Wood Covered Spaces 0 Foundation SlabConcrete Independent Parking Spaces 0 Levels One Lot Features Shape Regular Num Of Floors 1 Num Of Guest Spaces 0 Open Parking Spaces 0 Parking Features Open Roof ShingleComposition Tandem Parking Spaces 0 Total Parking Spaces 6

Interior Features

Cooling Wall Unit(S) Flooring TileWood Heating Wall Furnace Laundry Features Washer/Dryer Hookups Num Of Rooms 0 Num Of Studio Units 0 Num Of1 Bedroom Units 0 Num Of2 Bedroom Units 4 Num Of3 Bedroom Units 0 Num Of4 Bedroom Units 0 Unit1 Approx Sq Ft 700 Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Partial Baths 0 Unit1 Rent 1100 Unit1 Rooms 2 Unit2 Approx Sq Ft 700 Unit2 Bedrooms 2 Unit2 Full Baths 1 Unit2 Partial Baths 0 Unit2 Rent 1300 Unit2 Rooms 2 Unit3 Approx Sq Ft 700 Unit3 Bedrooms 2 Unit3 Full Baths 1 Unit3 Partial Baths 0 Unit3 Rent 1155 Unit3 Rooms 2 Unit4 Approx Sq Ft 700 Unit4 Bedrooms 2 Unit4 Full Baths 1 Unit4 Partial Baths 0 Unit4 Rent 1250 Unit4 Rooms 2 Window Features Dual Pane Full

Property Features

1 Bedroom Annual Occupancy 0 2 Bedroom Annual Occupancy 0 3 Bedroom Annual Occupancy 0 4 Bedroom Annual Occupancy 0 Association Fee 0 Association YN No Elevation 0 Income Includes Rent Only Irrigation Public District Lease Deposit 0 Num Of Commercial Units 0 Operating Expense Includes Property TaxRepairsInsuranceTrashUtilitiesManagerWater/Sewer Property Condition Varies By Unit Property Subtype Quadruplex Property Type Residential Income Sewer In & Connected Special Listing Conditions None Studio Annual Occupancy 0 Subtype Description Apartments Tenant Pays Rent Only Utilities Other Water Source Public Zoning R-1

Listing provided courtesy of Metropolitan Real Estate & Development. Listing information © 2021 MetroList Services, Inc.


© 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-11-26T21:38:28.8. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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