715 Dixieanne Avenue
- 3Bed/1Bathroom Single Family Home + 4Plex
- Value-add opportunity with 17% upside in rental income
- Close Proximity to Downtown Sacramento
- Pitched Roofs
- Secured Access
Property Description
We are pleased to present 715 Dixieanne Ave, a 5-unit multifamily community located in Old North Sacramento sub-market. The subject property is situated on 0.15 acre lot with 3,276 rentable square feet consisting of a 3bedroom/1bathroom Single Family home in the front facing Dixieanne Avenue. The back 4plex faces the alley and consists of one Studio apartment, one 2bedroom/1bathroom + office, one 1bedroom/1bathroom + Office and one 1bedroom/1bathroom unit. The complex consists of two buildings with open parking in the front and back.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Highest & best offer |
| Property Types: | Apartment Buildings |
| Price: | $599,000 |
| No. of Units: | 5 |
| Cap Rate: | 7.53% |
| GRM /GIM: | 7.69 |
| Average Occupancy: | -1 |
| Year Built: | 1920 |
| Building Size: | 3,276 Sq ft |
| Lot Size: | 0.15 Acres |
| APN: | 275-0053-023 |
| Zoning Code: | R-1 |
| Opportunity Zone: | No |
| Price per unit: | $119,800 |
Additional contacts
| Full name | Phone number | Email address |
|---|---|---|
| Matt Sarro | 916-616-5267 | [email protected] |
| Trevor Meleski | 530-903-0959 | [email protected] |
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