$500,000
$539,000
7.2%For more information regarding the value of a property, please contact us for a free consultation.
6,534 Sqft Lot
SOLD DATE : 10/17/2023
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41032491
Sold Date 10/17/23
HOA Y/N No
Year Built 1925
Lot Size 6,534 Sqft
Property Description
5-unit apartment complex featuring five 1bd/1bth units spread across four units in the front and a detached rear cottage. Two units will be delivered vacant at close of escrow and two other units have rents far below the market providing for excellent rental upside for the next investor. The property was built in 1925, offers approximately 2,860 square feet of rental space, and sits on a 6,534 square foot lot with ample parking room for all the tenants. The property is easy to manage and separately metered for electric and gas providing for low annual operating expenses. Many of the units have been updated over time and all deferred maintenance has been address resulting in a turn-key property for the next owner. Perfect for investor or owner-occupant.
Location
State CA
County Sutter
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Exterior
Garage Other
Total Parking Spaces 4
Building
Sewer Public Sewer
Others
Tax ID 052191005000
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Bought with David Howarth • The Pinza Group, Inc
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Broker Associate | Lic# 01905244