325 Barrette Avenue
325 Barrette Avenue
$1,475,000
3
2
—
—
—
Closed 1/30/24
Description
6.65% Current Cap Rate Underwritten to a Realistic 41% Expense Load. Assumable $989,965 Loan (66% LTV) at 4.24%, 30-Year Amortization, Due September 2029. Most Units Rented Through the TLCS Program and Section 8 Vouchers, Allowing For Guaranteed Income by State-Supported Programs. Low-Basis Acquisition Being Offered at $150,000/Unit. Desirable One and Two-Bedroom Floor Plans. Close Proximity to Restaurants, Retailers, and Downtown Sacramento.6.65% Current Cap Rate Underwritten to a Realistic 41% Expense Load. Assumable $989,965 Loan (66% LTV) at 4.24%, 30-Year Amortization, Due September 2029. Most Units Rented Through the TLCS Program and Section 8 Vouchers, Allowing For Guaranteed Income by State-Supported Programs. Low-Basis Acquisition Being Offered at $150,000/Unit. Desirable One and Two-Bedroom Floor Plans. Close Proximity to Restaurants, Retailers, and Downtown Sacramento.
- Listed by Isaac Merritt • DRE #02153945 • ALIVE Commercial Real Estate
Property Details for 325 Barrette Avenue
Parking Features
Off Street, Open
ZoningR-1
Location
LISTING UPDATED: 01/31/2024 05:16 PM
Property Details for 325 Barrette Avenue
Status | Closed |
---|---|
MLS # | 223103686 |
Days on Compass | 8 |
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 325 Barrette Avenue
Stories-Residences10Year Built1960Building Size-Lot Size0.15 AC / 6,534 SF
Payment Calculator
$10,081 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 325 Barrette Avenue
Property History for 325 Barrette Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 325 Barrette Avenue
Taxable ValueLand$88,434Additions$1,160,046Total$1,248,480
Tax Record2023$24,376 ($2,031 / month)
Home Facts
Total Finished SqFt5,436 SqFtAbove Grade Finished SqFt5,436 SqFtStories2Lot Size6,534 SqFtStyleMulti-Family Res (5+ Units)Year Built1960ZoningR-1CountySACRAMENTOAPN275-0027-024-0000
Schools near 325 Barrette Avenue
This home is within Twin Rivers Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 3 to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Noralto Elementary School PublicK to 6 | ||
Harmon Johnson Elementary School Public3 to 6 | ||
Rio Tierra Junior High School Public7 to 8 | ||
Grant Union High School Public9 to 12 |
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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.