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    6617 Madison

    Carmichael, CA 95608
    • $825,000
    • STATUS: Active
    • ON SITE: 166 days
    • MLS #: 20047098
    UPDATED: 198 min ago
    $825,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1974
    County:
    Area:

    School Ratings & Info

    Description

    100% Leased Investment property. The building has 11 suites, all of which are leased. There are a total of 6 tenants, with some tenants occupying multiple suites. NOI, Gross income and cap rate calculations are based upon 100% occupancy. Expenses are based upon actual expenses for Jan-June 2020 and projections for the remaining part of the year. High identity building facing Madison with extensive frontage on Madison Avenue and at a higher level from the road, affording excellent visibility. Near the corner of Madison and Dewey Avenue. Direct access to the highway 80. Close proximity to Dignity Health hospital campus. Close to all parts of the Sacramento metro area including Roseville/Rocklin to the north and Folsom to the east. Near several other major retailers, shopping centers and other commercial. Major arterial road in the Sacramento area connecting highway 80 all the way to Folsom in the east. Investment opportunity.

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    © 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 2021-01-24T23:38:42.583. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.debbrittan.com/homes/108770084
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    6617 Madison Carmichael, CA 95608

    • Price: $825,000
    • Status: Active
    • Updated: 198 min ago
    • MLS #: 20047098
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1974
    Built
    Neighborhood:
    Carmichael
    County:
    Sacramento
    Area:
    Carmichael
    Property Description
    100% Leased Investment property. The building has 11 suites, all of which are leased. There are a total of 6 tenants, with some tenants occupying multiple suites. NOI, Gross income and cap rate calculations are based upon 100% occupancy. Expenses are based upon actual expenses for Jan-June 2020 and projections for the remaining part of the year. High identity building facing Madison with extensive frontage on Madison Avenue and at a higher level from the road, affording excellent visibility. Near the corner of Madison and Dewey Avenue. Direct access to the highway 80. Close proximity to Dignity Health hospital campus. Close to all parts of the Sacramento metro area including Roseville/Rocklin to the north and Folsom to the east. Near several other major retailers, shopping centers and other commercial. Major arterial road in the Sacramento area connecting highway 80 all the way to Folsom in the east. Investment opportunity.
    Exterior Features

    Construction Materials Frame Dock Doors 0 Loading NoneSee Remarks Num Of Floors 0 Parking Features Open Roof Flat Total Parking Spaces 41

    Interior Features

    Cooling Central Flooring Combo Of Materials Heating Central Num Of Elevators 0 Num Of Restrooms 0 Office Sq Ft 0 Retail Sq Ft 0 Warehouse Sq Ft 0

    Property Features

    Building Features Sprinkler System LawnNone Expiration Date Auxiliary 2021-02-28 Income Includes See Remarks Lease Deposit 0 Lease Term Month To Month Location Public Transportation NearbyShopping Nearby Num Of Offices 0 Num Of Tenants 4 Owner Pays Grounds CareManagementSee Remarks Property Subtype Office Property Type Commercial Sale Sewer Public Sewer Special Listing Conditions None Tenant Pays Electricity Water Source Public Year Renovated 0 Zoning Business Professional

    Listing provided courtesy of Re/Max Gold. 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 2021-01-24T23:38:42.583. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
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    2295 Iron Point Rd, Ste. 160
    Folsom CA, 95630