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Listing 1 out of 75
Sold for $650,000 Sold

1065 Santiago Avenue #1071
Sacramento, CA 95815

12 units | Multi Family Home
6534 sq ft lot - MLS# 16076815
Property Photo
1/11

Sold

Sold for $650,000 on Mar 22, 2017

Description

This is a perfect fit for an investor looking for a moderate project. The owners have not put money into turning units as they have gone vacant and as a result now have 4 vacant units despite a dozen calls per day to the management team asking to lease them. Please download the Pest report - it calls for approximately $40, 000 in section 1 work, most of which is interior work and will be handled when turning the vacant units. WAY below market rents; see unit rents below.

Features

  • Property Type: Multi Family Home
  • Sub Type: 5 or More Units
  • Listing Status: Sold
  • Listing Price: $699,000
  • County/Area: Sacramento County
  • Zip Code: 95815
  • Year Built: 1960
  • Elementary School: Twin Rivers Unified
  • Middle School: Twin Rivers Unified
  • High School: Twin Rivers Unified
  • Stories: 1 Story
  • Units: 12 units
  • Acres: 6534 sq ft lot
  • Zoning: R-1
  • # of 1 Bedroom Units: 9
  • # of 2 Bedroom Units: 3
  • # of Uncvrd Prk Spc: 12
  • Air: Window
  • Amenities: Washer/Dryer Owned
  • Construction: Frame, Wood
  • Equipment: Cable TV Available
  • Exterior: Brick Veneer, Siding Lap
  • Floor Covering(s): Carpet, Laminate
  • Heat: Furnace Wall
  • Kitchen Appliances: Cook Top Elec, Oven Elec F/S, Range Elec F/S, Refrigerator B/I
  • Lot Square Footage: 6534
  • Parking: 1 Space Per Unit
  • Roof Description: Comp Shingle
  • School County: Sacramento
  • Status Change Date: 2017-03-22
  • Tenant Pays: Electric, Gas/Propane
  • Total # Leasable: 12
  • Total # of Bldgs: 2
  • Unit 1 Apx Sq Ft: 500
  • Unit 1 Bedrooms: 1
  • Unit 1 Full Baths: 1
  • Unit 1 Rent: 595
  • Unit 2 Apx Sq Ft: 500
  • Unit 2 Bedrooms: 1
  • Unit 2 Full Baths: 1
  • Unit 2 Rent: 595
  • Unit 3 Apx Sq Ft: 500
  • Unit 3 Bedrooms: 1
  • Unit 3 Full Baths: 1
  • Unit 3 Rent: 595
  • Unit 4 Apx Sq Ft: 625
  • Unit 4 Bedrooms: 2
  • Unit 4 Full Baths: 1
  • Unit 4 Rent: 695
  • Year Remodeled/Updtd: 1999
  • Sold Price: 650000.00
  • Sold Date: 2017-03-22 00:00:00
Courtesy of Sta Investment Realty Advisors, Inc


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