420 Cleveland Avenue, Sacramento, CA 95833

$639,000
3
BD
2
Full Baths
1,800
SqFt
List Price
$639,000
MLS#
20007562
Status
ACTIVE
Bedrooms
3
Bathrooms
2
Living Sq. Ft
1,800
Type
Multifamily
Zip
95833
city
Sacramento

Property Description

Opportunity with this Vaue-Add property. Sporting an eclectic mix of 13 Tenants = 2 houses, 6 RV Lots, 1 Mobile Lot and a Fourplex of studios. This is a permitted licensed Mobile Home Park called Gardenland Mobile Home and RV Park, but there are two houses and the fourplex too. The RV's & Mobile home are owned by the Tenants. They are parked permanently and attached to water sewer & electricity. Low Maintenance as you only have to worry about the building structures & the rv/mobile connections. Property was paved, new roofs last year. There is a lot of room to bump the rents as well. Rent are approximately 9,000 to $12,000 under market in annual rent presently. This is a unique little community in a close knit environment. Also, owner has other props to sell with this if you need more units 6 plex, duplexes, but they must sell with this property. Bring us an offer now. Its a great return and is easier than many more conventional properties.

Additional Information

Tenant Pays
Electricity
Land Area (Acres)
0.47
Year Built
1949
Number of Buildings
3
Number of Studio Units
5
Number of 1 Bedroom Units
1
Number Leasable
13
Furnished
None
Roof Description
Composition

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX Gold Folsom.

metrolist logo

All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2021 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .

Terms of Use