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.
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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
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Listing courtesy of RE/MAX Gold Folsom.
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 .