PRICE REDUCED! Two matching single-story fourplexes, situated on separate parcels and offered together, in the growing North Sacramento submarket. Built in 1973, each building consists of 1-bedroom/1-bath units, with a combined total of 3,960 square feet of rentable living space. 3441 Altos Ave generates $4,210 per month, while 3445 Altos Ave brings in $3,920, for a total monthly income of $8,130. There is strong upside potential through rent increases, with average market rents in the area around $1,350 per unit, offering a clear value-add opportunity. The buildings face each other and share a front yard enclosed by iron fencing, creating a private, community-style setting. Both properties also offer off-street parking. Located in a quiet residential neighborhood surrounded by single-family homes and directly across from the Altos Greenbelt Parkway, with convenient access to walking and biking trails. The brochure with the rent roll and expenses is attached.
Active
Price cut: $100K (8/11)
$1,300,000
3445-3441 N Altos Ave, Sacramento, CA 95838
8beds
3,960sqft
Est.:
5 or More Units
Built in 1973
-- sqft lot
$1,259,100 Zestimate®
$328/sqft
$-- HOA
What's special
Off-street parkingPrivate community-style setting
- 82 days |
- 120 |
- 5 |
- Loading
- Loading