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Previous Description:
APPROVED PERMIT TO BUILD ADU AVAILABLE! 3 Rent Increases in place! This fully occupied 4-unit multifamily property presents an exceptional investment opportunity with a projected annual rental income exceeding $76,000. Designed for investors seeking stable cash flow and long-term capital appreciation, this asset offers a diverse unit mix catering to a broad tenant demographic. The property features a renovated 3-bed, 1-bath main house complete with a 2-car garage, a 1-bed, 1-bath cottage, and a duplex building consisting of one 2-bed, 1-bath unit and one 1-bed, 1-bath unit. Property enhancements have recently been completed, including fresh exterior paint on Buildings 3305 Cypress Units 1,5,and 6, along with a newly installed roof on Units 5 and 6. Situated on nearly half an acre, the property provides additional revenue-generating opportunities through a large storage shed and dedicated laundry area, both of which offer potential for supplemental rental income or further development. Positioned in a high-demand rental market, this asset combines immediate income generation with the potential for significant value appreciation. Its prime location in Sacramento ensures strong tenant demand and future growth potential.
Updated Description:
APPROVED PLANS TO BUILD ADU AVAILABLE! 3 Rent Increases in place! This fully occupied 4-unit multifamily property presents an exceptional investment opportunity with a projected annual rental income exceeding $76,000. Designed for investors seeking stable cash flow and long-term capital appreciation, this asset offers a diverse unit mix catering to a broad tenant demographic. The property features a renovated 3-bed, 1-bath main house complete with a 2-car garage, a 1-bed, 1-bath cottage, and a duplex building consisting of one 2-bed, 1-bath unit and one 1-bed, 1-bath unit. Property enhancements have recently been completed, including fresh exterior paint on Buildings 3305 Cypress Units 1,5,and 6, along with a newly installed roof on Units 5 and 6. Situated on nearly half an acre, the property provides additional revenue-generating opportunities through a large storage shed and dedicated laundry area, both of which offer potential for supplemental rental income or further development. Positioned in a high-demand rental market, this asset combines immediate income generation with the potential for significant value appreciation. Its prime location in Sacramento ensures strong tenant demand and future growth potential.
