$1,099,000 Price Analysis    ♡   Sacramento, CA 95817 0 bed None bath 1,923 SqFt ($571/SqFt) 6,534SqFt lot. Built 1939 Listed 2024-03-28, Taxes $5,202 | Ⓧ USDA Ineligible due to price & location near Sacramento |
Excellent turn-key investment.
A fantastic opportunity to own 4 darling and desirable detached cottages on one lot, centrally located on a quiet street near shopping, restaurants and downtown. 3226, 3228 and 3230 W Street are all cute 1 bedroom, 1 full bath cttages with lots of character and charm. Each property features a comfortable living room, big kitchen and inside laundry hook-ups. 3226 is located over the 3-car garage and features 2 bedrooms & 1 full bath. Garage spaces are offered to the tenants to rent for additional income.
Tenants pay gas & electricity. Close to everything; UC Davis Medical Center, downtown, award winning schools, shopping, parks & freeway access. PLEASE DO NOT DISTURB THE TENANTs. Tenants are on Month-to-Month leases. Tenants pay separately metered gas & electricity. Rents are $1, 300, $1, 321, $1, 595 and $1, 695 per month. In addition to rents, tenants also pay a total of $224, combined per month, towards sewer/water/garbage. Total mont hly income is $6, 135. Total annual income is $73, 620. GRM is 14.93 and 6.7% Cap Rate. A fantastic investment opportunity with lots of potential.
Presented by Greg Batchelder at
Lyon Re El Dorado Hills.
Property MLS #224029058 from MetroList
Disposal
Electricity
Gas
Laundry Features: Washer/Dryer Hookups
Heating Features: Wall Furnace, Varies by Unit
Window Features: Window Coverings, Varies by Unit
Patio And Porch Features: Covered Patio
Lot Dimensions Source: Acres
Lot Size Acres: 0.15
Lot Size Source: Assessor Auto-Fill
Topography: Level, Level
Lot Size Square Feet: 6534
Open Parking Spaces: 1
Parking Features: Open, Street, Garage, Varies by Unit
Parking Total: 4
Gross Income: 73620
Calculated Total Monthly Association Fees: 0
Number of Units: 4
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Unit 1 Total Actual Rent: 1695
Unit 2 Total Actual Rent: 1321
Unit 3 Total Actual Rent: 1595
Unit 4 Total Actual Rent: 1300
High School District: Sacramento Unified
Middle or Junior School District: Sacramento Unified
Map directions Map directions Map directionsSource Listing Status: Active
County: Sacramento
Cross Street: 34TH STREET
Cap Rate: 6.7
Directions: Folsom Blvd or Stockton Blvd, to 34th Street to RIGHT on W Street, to address on the LEFT, OR Broadway to 34 th Street to LEFT on W Street to address on the LEFT.
Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Copyright 2024, MetroList Services, Inc. Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList MLS & Broker Participants of any
Source Property Type: Residential Income
Area: 10817
Source Neighborhood: 10817
Parcel Number: 010-0262-005-0000
Postal Code Plus 4: 1227
Zoning Description: R-4
Property Subtype: Quadruplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $272,184 + $139,439 $411,623 | $5,202 |
| 2021 | $266,848 + $136,705 $403,553 | $4,961 |
| 2020 | $264,112 + $135,304 $399,416 | $4,995 |
| 2019 | $258,934 + $132,651 $391,585 | $4,891 |
| 2018 | $253,857 + $130,050 $383,907 | $4,764 |
| 2017 | $248,880 + $127,500 $376,380 | $4,697 |
| 2016 | $244,000 + $125,000 $369,000 | $4,532 |
| 2015 | $51,325 + $16,446 $67,771 | $1,085 |
| 2014 | $50,328 + $16,126 $66,454 | $1,066 |
| 2013 | $50,101 + $16,054 $66,155 | $1,026 |
| 2012 | $49,119 + $15,740 $64,859 | $993 |
| 2011 | $48,156 + $15,432 $63,588 | $975 |
| 2010 | $47,797 + $15,317 $63,114 | $958 |
| 2009 | $47,911 + $15,354 $63,265 | $955 |
| 2008 | $46,972 + $15,053 $62,025 | $938 |
| 2007 | $46,051 + $14,758 $60,809 | $916 |
$1,099,000
MetroList
Listing removed 2024-07-25
$0
MetroList
Price Changed 2024-07-18
$1,099,000
MetroList
Price Changed 2024-06-13
$1,150,000
MetroList
Price Changed 2024-06-05
$1,175,000
MetroList
Listed 2024-03-28
$1,200,000
MetroList
Sold 2015-12-23
$369,000
MetroList
Listed 2015-11-25
$365,000
MetroList
Year Built: 1939
Construction Materials: Stucco, Frame, Wood
Foundation Details: Raised
Living Area Source: Assessor Auto-Fill
Property Age: 85
Roof: Composition
Building Total Stories: 1
Structure Type: Flats
House Style: Cottage
Architectural Style: Cottage
Sewer: In & Connected
Natural Gas Connected
Electric
Water Source: Meter on Site, Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.