Available as a Portfolio with 14 Units Next Door - 2562 Traction Ave. 8.55% Year One Cap Rate Underwritten to a Realistic 40% Expense Load. Majority of the Units Are Strategically Rented Through Section 8 Vouchers, Allowing For Guaranteed Income by State-Supported Programs. Low-Basis Acquisition Being Offered at $106,818/Unit. Close Proximity to Restaurants, Retailers, and Downtown Sacramento.
Closed
$700,000
2570 Traction Ave, Sacramento, CA 95815
8beds
4,097sqft
5 or More Units
Built in 1960
-- sqft lot
$681,500 Zestimate®
$171/sqft
$1,614 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 24, 2024 at 10:19am
Listed by:
Isaac Merritt DRE #02153945 530-401-1885,
ALIVE Commercial Real Estate
Bought with:
Isaac Merritt, DRE #02153945
ALIVE Commercial Real Estate
Source: MetroList Services of CA,MLS#: 224023253Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Wall Furnace
Cooling
- Wall Unit(s)
Appliances
- Included: Gas Cooktop
Features
- Flooring: Tile, Laminate
- Has fireplace: No
Interior area
- Total interior livable area: 4,097 sqft
Property
Parking
- Total spaces: 8
- Parking features: Off Street
Features
- Stories: 2
Lot
- Size: 7,405 sqft
Details
- Zoning description: R-2B
- Special conditions: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5 or More Units
Materials
- Stucco, Wood
- Roof: Flat
Condition
- Year built: 1960
Community & neighborhood
Location
- Region: Sacramento
Services availability
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Estimated market value
$681,500