4140 Broadway, Sacramento, CA 95817
2 Unit Apartment Building | $549,500 ($274,750/Unit) | 5.01% Cap Rate | Sacramento, CA 95817
For Sale
Active
Asking Price $549,500
- Property Type
-
Multifamily
- Square Feet
- 2,112 SF
Listing Contacts
Ron Benning
Property Overview
Opportunity Knocks on this vibrant Oak Park Duplex. Both units are 2 bedrooms and 1bath. Both units were renovated in 2021. Both units feature wood laminate flooring, granite countertops, stainless steel kitchen sinks, and new kitchen cabinets with gas stoves. Updated bathrooms with a solid surface shower surround upstairs, tile shower surrounds downstairs, & updated vanities with granite countertops in the downstairs bathroom. There is central heating and air upstairs and, wall-mounted heat and air conditioning downstairs. The current rent downstairs is $1500 per month and proforma rent upstairs is $2027 per month according to Rentometer Pro (see enclosed report). Total proforma monthly income is $3,527 with an annual Proforma income of $42,324 and a Proforma GRM of 12.70. This duplex is located in one of the hottest neighborhoods in Sacramento, with new developments, and is close to downtown, local hospitals, and many other lifestyle amenities.
Property Details
- Year Built/Renovated
- 1935/2021
- Stories
- 2
- Lot Size (sq. ft)
- 3,485 SF
- Units
- 2
Highlights
- Remodeled Kitchens
- Remodeled Bathrooms
Nearby Properties
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