999 Arcade Boulevard, Sacramento, CA, CA 95815
- $1,100,000
- List Price
- $1,100,000
- Status
- ACTIVE
- MLS#
- ML82055011
- County
- Sacramento
- Zoning
- r2
- Year Built
- 1960
- Square Feet
- 3,618
- Lot Size (acres)
- 0.24
- Days on Market
- 7
- Property Type
- Commercial
Property Description
Exclusive Investment Opportunity in Sacramento, CA This well-maintained multifamily property presents an excellent opportunity to acquire a stabilized investment in Sacramento. Comprised entirely of spacious two- bedroom/one-bathroom units averaging approximately 750 square feet, the property offers stable in-place income with additional upside through future rent growth. With renovated interiors, strong tenant demand, and a desirable unit mix, this asset is well-positioned for both first-time and experienced multifamily investors. Property Highlights Renovated Units: The majority of the units have been renovated with updated kitchens, flooring, cabinetry, and countertops. Unit Mix: The property consists of six large two-bedroom/one-bathroom units averaging approximately 750 square feet. Strong Rental Location: Located in an established Sacramento neighborhood with convenient access to shopping, dining, schools, and major transportation corridors. Well-Maintained Property: The property has been well cared for and features several recent capital improvements. Parking: On-site parking is available for residents, along with ample street parking for guests.
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Additional Information
- Taxes
- $12,856
- Parcel Number
- 2 5 1 0 3 0 1 0 3 2 0 0 0 0
- Gross Scheduled Income
- $126,648
- Utilities
- Other
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Roof
- Other
- Water
- Other
- School District
- Other
Listing courtesy of Listing Agent: Steve Belluomini (steve.b@corcoranicon.com) from Listing Office: Corcoran Icon Properties.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.