Address
613-617 Maple St West Sacramento, CA
Price
$ 1,900,000
Property Attributes
  • MLS#221062992
  • TypeIncome
  • CountyYOLO
  • CityWest Sacramento
  • Area10691
  • Zip95691
  • Style
  • Price$ 1,900,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Lot Size11,761 SqFt
Listing Provided Courtesy Of:
Luis Mejia CalBRE# - 02011269 with Luis Mejia, Broker
Data Source:
California Metrolist Inc
Property Description

613-617 Maple Street in West Sacramento, California are two single story buildings each comprising of eight (8) one-bedroom/one- bathroom units at approximately 410 square feet. The buildings were built in 1959 and feature pitched composite shingle roofs, stucco exteriors, and dual pane windows. In the last five to seven years, 93% of interiors were upgraded, exterior upgrades included new paint, and dual pane windows. Units feature tile flooring throughout, granite countertops, upgraded kitchen cabinets, baths, and wall heat & air. Currently, the rents are well below market however with a modest six percent rent increase in year one would increase the Cap Rate to 6.32% and Cash- on-Cash to 7.72%. This is a stable asset with low maintenance interior features that is well located in path of new development near Downtown/Midtown Sacramento. A new investor has the opportunity to purchase an asset with rental upside potential in year one within a supply constraint market.

Price History
6/5/2021 Listed $1,900,000

General Features

Association Y/N No
Construction Materials Stucco
Cooling Wall Unit(s)
Elementary School District Washington Unified
Exterior Features Fenced Yard, Yard Space, Play Area
Flooring Tile
Heating Wall Furnace
High School District Washington Unified
MLS Area 10691
Parking Features Off Street
Property SubType 5 or More Units
Property Type Residential Income
PropertyCondition Updated/Remodeled
Roof Shingle
School District (county) Yolo
Sewer Public Sewer
Status Active
Subtype Description Apartments
Total Units 16
Zoning Description Multifamily

Interior Features

Floors 1
Laundry Features Washer/Dryer Leased
Total Stories 1
Unit 1 # Of Rooms 2
Unit 1 Approx Sqft 410
Unit 1 Bedroom Units Total 16
Unit 1 Bedrooms 1
Unit 1 Full Baths 1
Unit 1 Rent 925
Unit 1 Sqft Source Not Measured
Window Features Dual Pane Full

Exterior Features

Foundation Details Slab, Concrete
Lot Features Other
Lot Size Acres 0.2700
Lot Size Source Assessor Auto-Fill
Lot Size Square Feet 11761
Number of Buildings 2
Total Parking 16
Water Source Water District

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 95691

Price
AVG $1.37M
$1.9M
Visits
AVG 56
23
Year Built
AVG 1966
1959

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.