$1,217,500
For more information regarding the value of a property, please contact us for a free consultation.
7214 14th ST Rio Linda, CA 95673
4.48 Acres Lot
Key Details
Sold Price $1,217,500
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20071931
Year Built 1949
Lot Size 4.480 Acres
Property Description
Situated on 4.5 acres, 7214 14th St and 1411 Q St is a (9) unit multifamily property located in the outskirts of Sacramento in Rio Linda. The property provides a scenic and rural location for those tenants seeking a quieter lifestyle, but still close to Sacramento and an easy drive to downtown/midtown. A new buyer will find upside in raising rents, and adding value through renting the storage units on site. There is also a separate building that the current owner had plans to convert into a laundry room (coin-op laundry included in sale). In total, there is $24,000 in annual income that can be added through just the raising of rents and renting out storage on-site without the need for any capital improvements. All buildings on site have the following recent upgrades: New Roofs, new flooring (mix of tile and laminate), new appliances, new counters, new bathrooms, updated kitchens, and more. The property has just had its septic tanks emptied, and new bladder tanks installed.
Location
State CA
County Sacramento
Area 10673
Interior
Heating Varies by Unit
Cooling Varies by Unit
Flooring Varies by Unit
Equipment Varies by Unit
Exterior
Garage Garage, 1+ Space Per Unit
Garage Spaces 3.0
Amenities Available Varies By Unit
View Valley
Roof Type Composition
Building
Story 1
Sewer Septic System
Water Well
Schools
Elementary Schools Twin Rivers Unified
Middle Schools Twin Rivers Unified
High Schools Twin Rivers Unified
School District Sacramento
Others
Special Listing Condition None
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with North Coast Commercial, Inc.