Address
2562-2570 Traction Ave, Sacramento, CA
Price
$ 2,650,000
Property Attributes
  • MLS#224013165
  • TypeIncome
  • CountySACRAMENTO
  • CitySacramento
  • AreaSacramento
  • Zip95815
  • Style5 or More Units
  • Price$ 2,650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.43 Acres
Data Source:
MetroList MLS
Property Description

22 Units For Sale. 7.45% Year One Rate Underwritten to a Realistic 41% Expense Load. Majority of the Units Are Strategically Rented Through Section 8 Vouchers, Allowing For Guaranteed Income by State-Supported Programs. Low-Basis Acquisition Being Offered at $120,455/Unit. Close Proximity to Restaurants, Retailers, and Downtown Sacramento.

Price History
2/13/2024 Listed $2,650,000

General Features

Sewer Public Sewer
Heating Wall Furnace
Cooling Wall Unit(s)
Utilities Natural Gas Connected,City
Roof Flat
Unit 1 Rent 1195
Garage Spaces 0.0
Patio/Porch Features Balcony/Deck
Construction Materials Concrete,Stucco,Wood,Wood Siding
Year Built 1960
Property SubType 5 or More Units
County Sacramento
Property Type ResidentialIncome
HOA / Comm Assn No
Close Price 0.0
Status Active
Directions North Sacramento.
City Sacramento
Buyer Agent Compensation 2
High School District Sacramento Unified
Zoning Description R-2B
Open Parking Spaces 0.0
Total Units 22
MLS Area 10815
Lot Size Square Feet 18731.0
Carport Spaces 0.0
Street Name Traction Ave
Standard Status Active
Middle/Junior School District Sacramento Unified
Elementary School District Sacramento Unified
Year Built Source Other
Buyer Agent Compensation Type Percent

Interior Features

Flooring Carpet,Tile,Laminate
Total Stories 2
Unit 1 Full Baths 1
Unit1Bedrooms 1
Laundry Features Washer/Dryer Leased
Unit 1 Bedroom Units Total 21
Unit 2 Bedroom Units Total 1

Exterior Features

Parking Features Off Street,Street
Lot Features Curb(s)
Water Source Public
Total Parking 22.0
Foundation Details Slab
Number of Buildings 2
Lot Size Acres 0.43
Lot Size Source Not Verified
Covered Spaces 0.0

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 95815

Price
AVG $1.25M
$2.65M
Visits
AVG 348
244
Data Provided by Inside Real Estate®
Year Built
AVG 1978
1960

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