Listed by Colliers - Sacramento, California
$599,000
715 Dixieanne Avenue
Details
APN 275-0053-023
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,276
Units 5
Cap Rate 7.53%
NOI $45,099
Price per SqFt $183
Year Built 1920
Buildings 2
Zoning R-1
Multifamily | 5 Units | $119,800/unit
Marketing description
We are pleased to present 715 Dixieanne Ave, a 5-unit multifamily community located in Old North Sacramento sub-market. The subject property is situated on 0.15 acre lot with 3,276 rentable square feet consisting of a 3bedroom/1bathroom Single Family home in the front facing Dixieanne Avenue. The back 4plex faces the alley and consists of one Studio apartment, one 2bedroom/1bathroom + office, one 1bedroom/1bathroom + Office and one 1bedroom/1bathroom unit. The complex consists of two buildings with open parking in the front and back.
Investment highlights
- 3Bed/1Bathroom Single Family Home + 4Plex
- Value-add opportunity with 17% upside in rental income
- Close Proximity to Downtown Sacramento
- Pitched Roofs
- Secured Access
Listing Contacts
Listed by Colliers - Sacramento, California
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$45,099.00
$3,758.25/mo
Valuation Metrics
0
DSCR
7.53%
Cap Rate
7.53%
ROI
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