2546 Traction Avenue
2546 Traction Avenue
$2,300,000
4
4
—
—
—
Pending Bring Backup
Description
Here is a Great Opportunity to own this 18 Unit Apartment Complex, with a Cap Rate of 6.93 Qualified investors can assume loan in place at an interest rate of 4.85% with 30 year amortization. Property provides excellent cash flow as the current owner has invested over $160,000 in capital improvements; fencing, new gas lines, two operational laundry rooms, operational store rooms/storage areas, security cameras, exterior painting, fenced in and demarcated parking lot, and numerous safety improvements...Here is a Great Opportunity to own this 18 Unit Apartment Complex, with a Cap Rate of 6.93 Qualified investors can assume loan in place at an interest rate of 4.85% with 30 year amortization. Property provides excellent cash flow as the current owner has invested over $160,000 in capital improvements; fencing, new gas lines, two operational laundry rooms, operational store rooms/storage areas, security cameras, exterior painting, fenced in and demarcated parking lot, and numerous safety improvements This property has 16-One Bedroom and 2-two Bedroom units. Most(~80%) units are upgraded with numerous improvements such as new flooring, cabinets, countertops, bath tubs, windows, Interior Painting, appliances New ownership can take advantage of dependable and consistent cash flow as most of the units are rented to tenants where government agencies or external programs pay most of the rent This is a Must See!
- Listed by Frankie Thornton • DRE #01250086 • Arriaga Real Estate
Property Details for 2546 Traction Avenue
Parking Features
Off Street, Offsite
ZoningR-2B
Location
LISTING UPDATED: 04/25/2024 05:43 PM
Property Details for 2546 Traction Avenue
Status | Pending Bring Backup |
---|---|
MLS # | 223112274 |
Days on Compass | 142 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | 1960 |
Lot Size | 0.15 AC / 6,534 SF |
County | Sacramento County |
Location
Building Information for 2546 Traction Avenue
Stories2Residences18Year Built1960Building Size-Lot Size0.15 AC / 6,534 SF
Payment Calculator
$13,394 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2546 Traction Avenue
Property History for 2546 Traction Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2546 Traction Avenue
Taxable ValueLand$142,800Additions$632,400Total$775,200
Tax Record2023$10,109 ($842 / month)
Home Facts
Total Finished SqFt4,400 SqFtAbove Grade Finished SqFt4,400 SqFtStories2Lot Size6,534 SqFtStyleMulti-Family Res (5+ Units)Year Built1960ZoningR-2BCountySACRAMENTOAPN263-0241-032-0000
Schools near 2546 Traction Avenue
This home is within Twin Rivers Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Northwood Elementary School PublicK to 6 | ||
Martin Luther King Jr. Technology Academy Public7 to 8 | ||
Grant Union High School Public9 to 12 | ||
Smythe Academy Of Arts And Sciences CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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