2562 Traction Avenue
2562 Traction Avenue
$2,650,000
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1
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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.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.
- Listed by Isaac Merritt • DRE #02153945 • ALIVE Commercial Real Estate
Property Details for 2562 Traction Avenue
Parking Features
Off Street, Street
ZoningR-2B
Location
LISTING UPDATED: 03/12/2024 01:59 PM
Property Details for 2562 Traction Avenue
Status | Active |
---|---|
MLS # | 224013165 |
Days on Compass | 77 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | 1960 |
Lot Size | 0.43 AC / 18,730 SF |
County | Sacramento County |
Location
Building Information for 2562 Traction Avenue
Stories-Residences22Year Built1960Building Size-Lot Size0.43 AC / 18,730 SF
Payment Calculator
$16,003 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2562 Traction Avenue
Property History for 2562 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 2562 Traction Avenue
Taxable ValueLand$255,000Additions$1,137,300Total$1,392,300
Tax Record2023$18,492 ($1,541 / month)
Home Facts
Total Finished SqFt7,528 SqFtAbove Grade Finished SqFt7,528 SqFtStories2Lot Size11,326 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningR-2BCountySACRAMENTOAPN263-0203-012-0000
Schools near 2562 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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