Courtesy of: Paul Heffron | HomeSmart ICARE Realty
Purchase Type: Sale
MLS ID: 20076810
Year Build: 1954
Lot size: 0.14
Property Type: Residential Income
New Construction: No
Heating: Heat Pump
Swimming Pool: No
School District: Sacramento
Utilities: Cable Available,Internet Available
Address: 5641 53rd
This completely rebuilt and remodeled, centrally located fourplax is a block away from the intersections of Stockton Blvd and Fruitridge Ave. Everything's new, including windows, all bathroom fixtures, granite counters, flooring, lights, and wall board. And a new roof, plumbing and electrical system and water heaters, all work done in the last 6 months. Brand new, quiet and efficient mini-split heat pumps in all four units handle heat and A/C. Fully occupied. Cap rate of almost 6% with the stability of voucher holding tenants. Get the confidence of a steady flow of income in a place that was completely rebuilt using high quality materials from the studs up. New roof trusses, sheathing and roofing materials. The great public transportation options of being so close to both Stockton & Fruitridge is very popular with tenants.
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