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Sarah Stone-Francisco

sarah@stoneluxuryhomes.com +1(530) 802-0239

$ 823,000

Est. payment | -/mo

3,390 SqFt

Save

$ 823,000

Est. payment | -/mo

Save

3,390 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,390 sqft

Price per Sqft $242

MLS Listing ID 226086257

HOA Y/N No

Year Built 1972

Lot Size 9,713 Sqft

Acres 0.223

Property Sub-Type Quadruplex

Source MLS Metrolist

Property Description

Over the last 2 years, this Quadplex has been cared for with large upgrades including a newer roof, exterior paint and removal of carpet throughout all units. With a large lot and lots of open space around the building, this property now opens the opportunity to build ADUs while collecting rent from the stabilized units. This property is already boasting $77,000 a year in market rent, big cost upgrades are already taken care of, and a future owner can verify the potential to build 1 ADU per existing unit. Fruitridge Terrace is a well established neighborhood for renters due to proximity to jobs, shopping, and connection to freeways. This investment property is set up in a strategic location to maximize cash flow and keep these units consistently occupied. The two downstairs units have fully fenced back yards and the two upstairs units have front facing balconies. All units have central air conditioning and appliances provided.

Location

State CA

County Sacramento

Area 10824

Direction Make a right on Odea Drive from Fruitridge.

Rooms

Other Rooms Unit-1 Type: Apartment Approx SqFt: 858 Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 1550 SqFt Source: Not Measured Unit-2 Type: Apartment Approx SqFt: 856 Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 1550 SqFt Source: Not Measured Unit-3 Type: Apartment Approx SqFt: 856 Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 1771 SqFt Source: Not Measured Unit-4 Type: Apartment Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Occupancy: Vacant

Interior

Heating Central

Cooling Central

Flooring Tile, Vinyl

Window Features Dual Pane Full,Window Coverings,Window Screens

Appliance Free Standing Refrigerator, Dishwasher, Disposal, Electric Water Heater, Varies By Unit, Free Standing Electric Range

Laundry Other

Exterior

Exterior Feature Yard Space

Parking Features Off Street, Street, Uncovered

Utilities Available Cable Available, Sewer Connected, City, Electric, Internet Available

Water Access Desc Public

Roof Type Flat

Topography Level

Porch Balcony/Deck

Total Parking Spaces 5

Building

Lot Description Sidewalk

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools Sacramento Unified

Middle Schools Sacramento Unified

High Schools Sacramento Unified

School District Sacramento

Others

Senior Community No

Tax ID 026-0283-008-0000

Special Listing Condition Offer As Is

Listed by Windermere Signature Properties LP

NEARBY SCHOOLS & PROPERTIES

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(530) 802-0239

sarah@stoneluxuryhomes.com

5644 Odea DR Sacramento, CA 95824