Skip To Content

    613 Maple Street

    West Sacramento, CA 95691
    • $1,900,000
    • STATUS: Active
    • ON SITE: 7 days
    • MLS #: 221062992
    UPDATED: 47 min ago
    $1,900,000
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    613-617 Maple Street in West Sacramento, California are two single story buildings each comprising of eight (8) one-bedroom/one- bathroom units at approximately 410 square feet. The buildings were built in 1959 and feature pitched composite shingle roofs, stucco exteriors, and dual pane windows. In the last five to seven years, 93% of interiors were upgraded, exterior upgrades included new paint, and dual pane windows. Units feature tile flooring throughout, granite countertops, upgraded kitchen cabinets, baths, and wall heat & air. Currently, the rents are well below market however with a modest six percent rent increase in year one would increase the Cap Rate to 6.32% and Cash- on-Cash to 7.72%. This is a stable asset with low maintenance interior features that is well located in path of new development near Downtown/Midtown Sacramento. A new investor has the opportunity to purchase an asset with rental upside potential in year one within a supply constraint market.

    Monthly Payment Calculator



    © 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-06-12T07:38:50.987. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.debbrittan.com/homes/117935344
    Print Image

    613 Maple Street West Sacramento, CA 95691

    • Price: $1,900,000
    • Status: Active
    • Updated: 47 min ago
    • MLS #: 221062992
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    1959
    Built
    Neighborhood:
    West Sacramento S: 95691
    County:
    Yolo
    Area:
    West Sacramento S: 95691
    Elementary School:
    Washington Unified
    Middle School:
    Washington Unified
    High School:
    Washington Unified
    School District:
    Yolo
    Property Description
    613-617 Maple Street in West Sacramento, California are two single story buildings each comprising of eight (8) one-bedroom/one- bathroom units at approximately 410 square feet. The buildings were built in 1959 and feature pitched composite shingle roofs, stucco exteriors, and dual pane windows. In the last five to seven years, 93% of interiors were upgraded, exterior upgrades included new paint, and dual pane windows. Units feature tile flooring throughout, granite countertops, upgraded kitchen cabinets, baths, and wall heat & air. Currently, the rents are well below market however with a modest six percent rent increase in year one would increase the Cap Rate to 6.32% and Cash- on-Cash to 7.72%. This is a stable asset with low maintenance interior features that is well located in path of new development near Downtown/Midtown Sacramento. A new investor has the opportunity to purchase an asset with rental upside potential in year one within a supply constraint market.
    Exterior Features

    Carport Spaces 0 Construction Materials Stucco Covered Spaces 0 Exterior Features Fenced YardYard SpacePlay Area Foundation SlabConcrete Independent Parking Spaces 0 Lot Features Other Num Of Floors 1 Num Of Guest Spaces 0 Open Parking Spaces 0 Parking Features Off Street Roof Shingle Tandem Parking Spaces 0 Total Parking Spaces 16

    Interior Features

    Cooling Wall Unit(S) Flooring Tile Heating Wall Furnace Laundry Features Washer/Dryer Leased Num Of Rooms 0 Num Of Studio Units 0 Num Of1 Bedroom Units 16 Num Of2 Bedroom Units 0 Num Of3 Bedroom Units 0 Num Of4 Bedroom Units 0 Unit1 Approx Sq Ft 410 Unit1 Bedrooms 1 Unit1 Full Baths 1 Unit1 Partial Baths 0 Unit1 Rent 925 Unit1 Rooms 2 Unit2 Approx Sq Ft 0 Unit2 Bedrooms 0 Unit2 Full Baths 0 Unit2 Partial Baths 0 Unit2 Rent 0 Unit2 Rooms 0 Unit3 Approx Sq Ft 0 Unit3 Bedrooms 0 Unit3 Full Baths 0 Unit3 Partial Baths 0 Unit3 Rent 0 Unit3 Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Bedrooms 0 Unit4 Full Baths 0 Unit4 Partial Baths 0 Unit4 Rent 0 Unit4 Rooms 0 Window Features Dual Pane Full

    Property Features

    1 Bedroom Annual Occupancy 0 2 Bedroom Annual Occupancy 0 3 Bedroom Annual Occupancy 0 4 Bedroom Annual Occupancy 0 Association Fee 0 Association YN No Elevation 0 Income Includes Rent Only Irrigation Public District Lease Deposit 0 Num Of Commercial Units 0 Operating Expense Includes Property TaxElectricityRepairsGasInsuranceTrashUtilitiesVacancy AllowanceManagerWater/Sewer Property Condition Updated/Remodeled Property Subtype 5 Or More Units Property Type Residential Income Sewer Public Sewer Special Listing Conditions None Studio Annual Occupancy 0 Subtype Description Apartments Tenant Pays Cable TvElectricity Utilities Natural Gas ConnectedCable AvailableInternet Available Water Source Water District Zoning Multifamily

    Listing provided courtesy of Luis Mejia, Broker. Listing information © 2021 MetroList Services, Inc.


    © 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-06-12T07:38:50.987. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
    https://bt-photos.global.ssl.fastly.net/sacramento/orig_boomver_1_221062992-2.jpg https://bt-photos.global.ssl.fastly.net/sacramento/orig_boomver_1_221062992-2.jpg https://bt-photos.global.ssl.fastly.net/sacramento/orig_boomver_1_221062992-2.jpg
    Logo
    Deb Brittan Team | eXp Realty
    2603 Camino Ramon Ste 200
    San Ramon CA, 94583