717 Lampasas AVE new Save Request In-Person Tour Request Virtual Tour
Sacramento,CA 95815
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 7,136 sqft
Price per Sqft $201
MLS Listing ID ML82025514
Bedrooms 8
Full Baths 5
Year Built 1963
Lot Size 0.517 Acres
Property Sub-Type Five or More Units
Property Description
Almost 150k Pro-forma rent and 6.6% CAP. 9.95 GRM. 8 units in two 4-plexes. Each unit is 2 bed/1 bath. Huge half-acre lot with the possibility to add more units with access from Traction Ave. 7 out of 8 units are completely remodeled with new luxury vinyl plank flooring, new doors, new appliances, new paint, remodeled bathrooms. All new exterior paint. The roof has been replaced in 2012. All units have dual pane windows. The property is completely gated. 16 parking spaces. 5 units rented, 3 vacant. Each building has a separate water meter. Potential subdivision of the lot into 2 regular 4plexes and resale as Non commercial or add ADUs in the back. Located in economic opportunity zone. Close to downtown, parks, schools, and shopping.
Location
State CA
County Sacramento
Area Sacto Arden-Arcade Creek/Vicinity - 10815
Zoning R-2B
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Exterior
Parking Features Assigned Spaces
Utilities Available Individual Electric Meters,Individual Gas Meters,Public Utilities
Roof Type Shingle
Building
Foundation Concrete Perimeter and Slab
Sewer Sewer Connected
Water Public
Others
Special Listing Condition Not Applicable