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$ 2,100,000
Est. payment | /mo
0.43 Acres Lot
$ 2,100,000
Est. payment | /mo
0.43 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41073210
HOA Y/N No
Year Built 1956
Lot Size 0.429 Acres
Property Description
Built in 1956, this 16-unit apartment building (The Arcade Apartments) is conveniently located just blocks away from interstate 80 and the Sacramento Light Rail System, which places residents in close proximity to many Neighborhood shopping conveniences: Starbucks Coffee, Haggin Oaks Golf Complex, Sacramento Softball Complex, Del Paso Park, and a Wallmart Supercenter. The owner has made many building improvements since 2015 including: a termite clearance in 2015; new boiler; plumbing upgrades; new front and rear exterior staircases; new front piers, posts and decking. Many units have been renovated, freshly painted, and have new appliances. The Arden Arcade apartments offers investors the opportunity to immediately increase several rents to market upon vacancy.
Location
State CA
County Sacramento
Zoning RD30
Interior
Heating Natural Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater
Exterior
Roof Type Shingle
Total Parking Spaces 20
Building
Lot Description Street Level
Others
Tax ID 2550031016000
Listed by Kevin Brown • Better Homes Realty
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Valerie Condon
Partner | Lic# 680245