1040 Fulton Avenue
Sacramento, CA 95825 ·
22 Units · Multifamily For Sale
Multifamily Property For Sale
|Price||N/A||Gross Rent Multiplier||9.70|
|No. Units||22||No. Stories||2|
|Building Size||18,800 SF||Year Built||1990|
|Property Type||Multifamily||Lot Size||0.85 AC|
|Property Sub-type||Garden/Low-Rise||APN / Parcel ID||286-0260-011|
|Property Use Type||Investment||Parking Ratio||1.82 / 1,000 SF|
|Listing ID: 18208273||Date Created: 06/07/2013||Last Updated: 08/27/2013|
A "turn-key" opportunity to acquire 22 spacious units built in 1990. Income upside can be achieved by updating the units as they turn, and then slowly raising the justified rents. All units have central heat/air, washer/dryer (in unit), dishwasher, garbage disposal, ceiling fans, and patios and/or balconies.
Located on Fulton Avenue, this property allows for easy access to upscale restaurants, shopping, schools, employment, and public transportation lines. Highly desirable neighborhoods of Sierra Oaks Vista and Sierra Oaks lie just to south of 1040 Fulton.
- Income Upside
- Stable Tenants
- Great Location
- Built in 1990
- Spacious Units
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