$575,000 Price Analysis    ♡   Sacramento, CA 95815 3 bed 3 bath 800 SqFt ($718/SqFt) 8,276SqFt lot. Built 1945 Listed 2023-12-03, Taxes $3,423 | Ⓧ USDA Ineligible due to location near Sacramento |
Investor's Delight in North Sacramnto: Multi-Unit Property with Strong Cash Flow Explore this unique investment opportunity in North Sacramento
* Sale Pending *Featuring three distinct units on one lot, each offering modern living and reliable income streams. Front House: A furnished 2-bedroom, 1-bath home, popular on Airbnb with Star Wars theme, showcases style and convenience. Middle Unit: A chic 1-bedroom, 1-bath loft-style unit. Back Unit: A cozy, long-term rented studio ensures steady income. All units boast extensive renovations, including new stainless steel appliances, stone countertops, fresh paint and modern flooring.
Added in 2022, brand new mini-split AC units in each sleeping and comm on area enhance comfort and appeal. Rooftops replaced in 2022 underscore the turnkey nature of this property. Currently generating approx. $6, 500/month, it's a prime cashflow asset for your portfolio. The sale includes fully furnished front units, allowing seamless income continuation. Please note: Do not disturb tenants. This property represents a rare chance to own a low-maintenance, high-yield investment in a desirable location. Ideal for investors seeking immediate returns and long-term value, seize this opportunity to expand your portfolio.
Presented by Noah Laker at
Hardin Realty & Property Manag.
Property MLS #223114243 from MetroList
Heating Features: Electric
Flooring: Laminate, Varies by Unit
Window Features: Dual Pane Full
Lot Dimensions Source: Acres
Lot Size Acres: 0.19
Topography: Level
Lot Size Square Feet: 8276
Parking Total: 2
Calculated Total Monthly Association Fees: 0
Number of Studio Units: 1
Number of 1 Bedroom Units: 1
Number of 2 Bedroom Units: 1
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Total Rooms in Unit-1: 5
Unit-1 Square Feet: 800
Unit 1 Total Actual Rent: 3000
Unit 2 Total Actual Rent: 2200
Unit 3 Total Actual Rent: 1250
High School District: Twin Rivers Unified
Middle or Junior School District: Twin Rivers Unified
Map directions Map directions Map directions Map directionsNumber of Units Leased: 3
Source Listing Status: Pending
County: Sacramento
Cross Street: Iris Ave & Connie Dr
Directions: Start on Auburn Blvd, Right on Iris Ave, Right on Connie Dr
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: Sacto Arden-Arcade Creek/Vicinit
Source Neighborhood: 10815
Parcel Number: 266-0252-002-0000
Postal Code Plus 4: 2816
Zoning: R2-A
Property Subtype: Apartments, House(s)
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $230,000 + $55,000 $285,000 | $3,423 |
| 2021 | $92,959 + $32,808 $125,767 | $1,646 |
| 2020 | $92,006 + $32,472 $124,478 | $1,628 |
| 2019 | $90,202 + $31,836 $122,038 | $1,606 |
| 2018 | $88,434 + $31,212 $119,646 | $1,528 |
| 2017 | $86,700 + $30,600 $117,300 | $1,559 |
| 2016 | $85,000 + $30,000 $115,000 | $1,554 |
| 2015 | $88,272 + $35,302 $123,574 | $1,583 |
| 2014 | $86,543 + $34,611 $121,154 | $1,611 |
| 2013 | $86,152 + $34,455 $120,607 | $1,572 |
| 2012 | $77,838 + $31,131 $108,969 | $1,443 |
| 2011 | $82,807 + $33,118 $115,925 | $1,483 |
| 2010 | $82,189 + $32,871 $115,060 | $1,438 |
| 2009 | $82,385 + $32,950 $115,335 | $1,365 |
| 2008 | $80,770 + $32,304 $113,074 | $1,468 |
| 2007 | $79,187 + $31,671 $110,858 | $1,325 |
$550,000
Public Record
Listed 2023-12-03
$575,000
MetroList
Sold 2022-04-18
$405,000
Public Record
Sold 2021-12-17
$285,000
MetroList
Price Changed 2021-11-09
$299,000
MetroList
Relisted 2021-10-28
$199,000
MetroList
Listing removed 2021-10-26
$199,000
MetroList
Relisted 2021-08-12
$224,900
MetroList
Listing removed 2021-07-31
$224,900
MetroList
Listed 2021-07-16
$224,900
MetroList
Sold 1992-06-17
$84,000
Public Record
Construction Materials: Wood
Foundation Details: Slab
Levels: Two
Property Age: 79
Property Condition: Updated/Remodeled, Varies by Unit
Roof: Roof Description:Shingle, Composition
Levels or Stories: 2
City
Electric
Internet Available
Water Source: 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.