748 Lampasas AVE Active Save Request In-Person Tour Request Virtual Tour
Sacramento,CA 95815
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,944 sqft
Price per Sqft $334
MLS Listing ID 224127296
Year Built 1955
Lot Size 6,970 Sqft
Property Description
Exceptional investment opportunity! This beautifully renovated quadruplex features four spacious units, 2 units rented with reliable, on-time paying tenants (1 unit with section 8 tenant). The current rents are below market and due for increase. Two units will be vacated by mid December. Other two of the units have leases ending in February and March (potential to get higher paying tenants). With modern upgrades and well-maintained interiors, this property is turnkey and perfect for the savvy investor. Each apartment has 2 A/C wall units that are fairly new. A must-see for those seeking steady rental income and long-term value. It is priced well below market value. The seller is retiring and is winding down their real estate investments, so a great opportunity to own an income-producing investment.
Location
State CA
County Sacramento
Area 10815
Interior
Heating Separate,Gas
Cooling Ceiling Fan(s),Wall Unit(s),MultiUnits
Flooring Tile,Laminate,Vinyl,Linoleum
Laundry Other
Exterior
Exterior Feature Fenced Yard,Yard Space,Play Area
Parking Features Side-by-Side,Street,Uncovered
Utilities Available Natural Gas Connected,City,Electric
Roof Type Shingle,Composition
Building
Lot Description Curb(s),Shape Regular,Landscape Back,Landscape Front
Story 1
Foundation Concrete, Slab
Sewer In & Connected,Public Sewer
Water Water District,Meter on Site
Schools
Elementary Schools Dry Creek Joint
Middle Schools Dry Creek Joint
High Schools Center Joint Unified
School District Sacramento
Others
Special Listing Condition None