Address
2307 Edison Avenue, Sacramento, CA
Price
$ 769,000
Property Attributes
  • MLS#224064138
  • TypeIncome
  • CountySACRAMENTO
  • CitySacramento
  • AreaSacramento
  • Zip95821
  • StyleRanch
  • Price$ 769,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.47 Acres
Data Source:
MetroList MLS
Property Description

This property presents a remarkable opportunity for both investors and builders! Situated in an excellent location, it stands out from typical investment properties. The 4-Plex is meticulously maintained and exudes a sense of pride in ownership. Its corner lot boasts impressive curb appeal, immediately captivating anyone who drives up. The generously sized lot spans just under half an acre and is zoned RD-30, allowing for the addition of 10 more units. This has been confirmed by Sacramento County. The current rents are below the prevailing rates in the area, offering the next owner the potential for increased revenue. The owner has spent over $67k in renovations in the past 2 years. Recent renovations include a $19K investment for brand new roof & gutters on a separate building; which encompasses a carport, storage & laundry room,(PERMIT & receipt on file). Freshly painted interiors, remodeled bathrooms in 2 bedroom units, new HVAC unit, 2 new water heaters, new front fence & more. This property is a must-see, as it is conveniently located near Sac State University, Sacramento International Airport, Downtown Sacramento, Golden1 Arena, shopping centers, public transportation, and all other city conveniences. Don't delay, as this opportunity is expected to be swiftly taken!

Price History
6/13/2024 Listed $769,000

General Features

Sewer Sewer Connected,Public Sewer
Heating Central
Cooling Central
Utilities Cable Available,Natural Gas Connected,City,Electric,Internet Available
Roof Composition
Appliances Free Standing Gas Range,Free Standing Refrigerator,Gas Water Heater,Free Standing Electric Oven
Exterior Features Yard Space
Unit 4 Rent 1425
Unit 2 Rent 1275
Unit 3 Rent 1250
Unit 1 Rent 1310
Garage Spaces 0.0
Architectural Style Ranch
Construction Materials Stucco
Year Built 1952
Electric 220 Volts
Tenant Pays Electricity,Gas,See Remarks,Parking Fee,Other
Stories 1
Topography Level
Levels One
Property SubType Quadruplex
County Sacramento
Property Type ResidentialIncome
HOA / Comm Assn No
Close Price 0.0
Status Active
Directions HWY 80 to Fulton Ave. to RIGHT on Edison Ave.,it's on the CORNER of Bell St. & Edison Avenue. *** OR *** From Marconi Ave. & Howe Ave.,go East on Marconi to Bell St.,make a LEFT,go north to Edison A
City Sacramento
Buyer Agent Compensation 2.5
High School District San Juan Unified
Zoning Description RD-30
Open Parking Spaces 0.0
NumberOfUnitsTotal 4
MLS Area 10821
Lot Size Square Feet 20473.0
Carport Spaces 5.0
Property Condition Updated/Remodeled
Standard Status Active
Middle/Junior School District San Juan Unified
Elementary School District San Juan Unified
Year Built Source Assessor Agent-Fill
Buyer Agent Compensation Type Percent

Interior Features

Flooring Tile
Total Stories 1
Unit 1 Full Baths 1
Unit 2 Full Baths 1
Unit 3 Full Baths 1
Unit1Bedrooms 2
Unit2Bedrooms 1
Unit3Bedrooms 1
Unit4Bedrooms 2
Laundry Features Washer/Dryer Leased
Unit 1 Bedroom Units Total 2
Unit 2 Bedroom Units Total 2

Exterior Features

Parking Features Carport,Covered,Guest Parking Available
Lot Features Corner,Shape Irregular,Sidewalk,Landscape Front
Water Source Water District
Total Parking 15.0
Foundation Details Slab
Number of Buildings 1
Lot Dimensions 20,473.20 square feet
Lot Size Acres 0.47
Lot Size Source Assessor Agent-Fill
Covered Spaces 5.0

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 95821

Price
AVG $800K
$770K
Visits
AVG 156
95
Data Provided by Inside Real Estate®
Year Built
AVG 1956
1952

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