2700 32nd Street, Sacramento, CA 95817

$1,285,000
4
BD
3
Full Baths
2,472
SqFt
List Price
$1,285,000
Price Change
▼ $90,000 1549929182
MLS#
19005997
Status
PENDING SALE
Bedrooms
4
Bathrooms
3
Living Sq. Ft
2,472
Type
Multifamily
Zip
95817
city
Sacramento

Property Description

2700 32nd Street is an 8-unit value-add investment located in Sacramento, CA. The property consists of all 618 square foot 1BR x 1BA units. 2700 32nd Street has been impeccably maintained and received new roofs, new gutters, siding, and paint (all in 2016). In addition, the landscaping has been updated and the property has been gated. With rents roughly 30% below market, a new owner can grow the property's GPR by $27,780 immediately, resulting in a market cap rate of 6.2%. 2700 32nd Street is located in the favorable triangle of North Oak Park and will benefit from the vicinity of Downtown and Midtown and residents can enjoy the proximity to UC Davis Medical Center and easy access to major freeways.

Additional Information

Tenant Pays
Cable, Electric, Gas/Propane
Land Area (Acres)
0.14
Year Built
1962
Number of Buildings
1
Number of Individual Units
8
Number of 1 Bedroom Units
8
Number Leasable
8
Furnished
None
Covered Parking Spots
0
Uncovered Parking Spots
3
Garages
0
Roof Description
Comp Shingle
Amenities
Extra Storage, Washer/Dryer Leased, Yard Space

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Ara Cal Inc..

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2019 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .

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