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  • $1,250,000

    2687 Altos Ave, Sacramento, CA 95815

    8beds
    5,824sqft
    5 or More Units
    Built in 1963
    -- sqft lot
    $1,294,700 Zestimate®
    $215/sqft
    $-- HOA

    What's special

    Turn key Investment property. This Altos acres beauty is for the new buyer.Total of 8 units. 2 bedroom 1 bathroom each unit. All units are fully occupied. Majority of the units are remodeled. Low maintenance units. Wall AC. Wall Heater. Dual Pane widows. Water proof flooring. New cabinets in some.New paint on the exterior. 1/3 acre lot. Plenty of room to add more units. Fully gated. Inside parking. $108,864 total yearly income. The market rents are much higher. Two new tenants are rented at $1400 each. Section 8 pays more. The proforma is excellent. This can be a cash cow. There is a huge shortage of rentals in sacramento. This is the opportunity to buy a 8 units with good cash flow. Two separate buildings. Each building has 4 units. Each building has a laundry room. The laundry rooms can also be activated to generate more income.

    Zillow last checked: 7 hours ago

    Listing updated: July 07, 2022 at 09:14am

    Listed by:

    Mohammed Jalal DRE #01423211 916-821-3212,

    Intrust Realty Group

    Bought with:

    Real E-State

    Source: MetroList Services of CA,MLS#: 222021384MLS LogoOriginating MLS: MetroList Services, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Wall Furnace
    Cooling
    • Wall Unit(s)
    Features
    • Flooring: Tile, Vinyl
    Interior area
    • Total structure area: 5,824
    • Total interior livable area: 5,824 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Off Street, Uncovered
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.31 Acres
    Details
    • Zoning: R-1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5 or More Units
    Materials
    • Stucco, Wood
    Condition
    • Year built: 1963

    Community & neighborhood

    Location
    • Region: Sacramento

    HOA & financial

    HOA
    • Has HOA: No
    Services availability
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    Estimated market value

    $1,294,700