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Kelly Pleasant

kelly@pleasantrealestategroup.com +1(916) 743-0844

$ 795,000

Est. payment | -/mo

3,612 SqFt

Save

$ 795,000

Est. payment | -/mo

Save

3,612 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,612 sqft

Price per Sqft $220

Subdivision Northrop Estates

MLS Listing ID 226085039

HOA Y/N No

Year Built 1964

Lot Size 8,263 Sqft

Acres 0.1897

Property Sub-Type Quadruplex

Source MLS Metrolist

Property Description

Strong investment opportunity in one of Sacramento's most desirable income property neighborhoods. This classic McKeon-built fourplex sits on a quiet stretch of Carro Drive in Northrop Estates and offers an ideal unit mix two 2BD/1BA townhomes, one 1BD/1BA townhome, and one spacious 3BD/1.5BA upstairs unit providing natural rent diversification and broad tenant appeal. Three of four units have been fully remodeled by the current owner. The one remaining 1BD/1BA unit represents a straightforward value-add opportunity: renovate at turnover and bring it in line with updated market rents in the $1,300-$1,400 range. The largely paved exterior keeps landscaping and maintenance costs low and the property looking clean year-round a practical advantage that carries through every season. Additional features include covered garage parking for all four units and a cozy fireplace in the ground-floor unit. The location is a genuine asset. The property sits minutes from Sacramento State University, the American River Parkway trail system, Campus Commons Golf Course, and the restaurants and shops along the corridor in between a combination that draws quality tenants and keeps vacancy low. The property is professionally managed and currently 100% occupied with reliable, long-term tenants generating $6,539/month in gross rent. An ideal value-add or stabilized hold for the discerning investor.

Location

State CA

County Sacramento

Area 10825

Direction From Fulton Ave, West on Northrop Ave, Left on Carro Drive, to address.

Rooms

Other Rooms Unit-1 Type: Apartment Approx SqFt: 750 Bedrooms: 2 Full Baths: 1 Occupancy: Tenant Rent: 1795 SqFt Source: Not Measured Unit-2 Type: Apartment Approx SqFt: 750 Bedrooms: 2 Full Baths: 1 Occupancy: Tenant Rent: 1699 SqFt Source: Not Measured Unit-3 Type: Apartment Approx SqFt: 750 Bedrooms: 1 Full Baths: 1 Rent: 1145 SqFt Source: Not Measured Unit-4 Type: Apartment Approx SqFt: 800 Bedrooms: 3 Full Baths: 1 Partial Baths: 1 Rent: 1895 SqFt Source: Not Measured

Interior

Heating Central

Cooling Ceiling Fan(s), Central, Wall Unit(s)

Flooring Carpet, Tile, Laminate

Appliance Dishwasher, Free Standing Electric Range

Laundry Coin Operated, Washer/Dryer Leased, In Common Area

Exterior

Parking Features Attached, Off Street, Street, Garage, Garage Door Opener

Garage Spaces 4.0

Utilities Available Cable Available, Sewer In & Connected, Electric, Natural Gas Connected

Water Access Desc Water District,Public

Roof Type Composition

Topography Level

Porch Balcony/Deck, Varies by Unit

Total Parking Spaces 4

Building

Lot Description Auto Sprinkler F&R

Foundation Concrete, Slab

Builder Name McKeon

Sewer Public Sewer

Water Water District, Public

Level or Stories Two

Schools

Elementary Schools San Juan Unified

Middle Schools San Juan Unified

High Schools San Juan Unified

School District Sacramento

Others

Senior Community No

Tax ID 294-0021-008-0000

Special Listing Condition None

Listed by Grow Properties

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(916) 743-0844

kelly@pleasantrealestategroup.com

805 Carro DR Sacramento, CA 95825

Kelly Pleasant

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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805 Carro DR