2612 Connie DR Active Save Request In-Person Tour Request Virtual Tour
Sacramento,CA 95815
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,326 sqft
Price per Sqft $253
MLS Listing ID 225025366
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1953
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type 5 or More Units
Property Description
Prime 8-Unit Multifamily Investment Opportunity - Located near I-80, this 8-unit apartment community provides steady rental income with significant potential for future appreciation. Situated on a 0.24-acre lot with 4,326 rentable square feet, the property consists of two buildings. The front building features a spacious 3-bed, 1-bath unit facing Connie Dr, plus a separate studio apartment. The back building is a two-story structure with six 1-bed, 1-bath apartments three on the ground level and three upstairs, all with exterior access. Amenities include onsite parking, storage sheds, and a small indoor space for laundry machines. Tenant-occupied with below-market rents, this Sacramento property generates $9,825/month with a 7.29% cap rate. With remodeling and rent upside, it offers strong investment potential in a convenient Sacramento location!
Location
State CA
County Sacramento
Area 10815
Direction El Camino Ave to Connie Dr
Interior
Heating Central
Cooling Central,Window Unit(s)
Flooring Carpet,Linoleum
Laundry Coin Operated,Washer/Dryer Leased,In Common Area,Washer/Dryer Owned
Exterior
Parking Features Uncovered
Utilities Available Other
Water Access Desc Water District
Roof Type Composition,Tar/Gravel,Flat
Porch Balcony/Deck
Total Parking Spaces 7
Building
Lot Description None
Story 2
Foundation Raised
Sewer In & Connected
Water Water District
Schools
Elementary Schools Twin Rivers Unified
Middle Schools Twin Rivers Unified
High Schools Twin Rivers Unified
School District Sacramento
Others
Senior Community No
Tax ID 266-0332-007-0000
Special Listing Condition Offer As Is