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2412 Cottage Way, Sacramento, CA 95825
$5,000,000
2412 Cottage Way, Sacramento, CA 95825View this property at 2412 Cottage Way, Sacramento, CA 95825
2412 Cottage WaySacramentoCA95825
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Property Description
Cottage Square Apartments offers hard to find 28 units of large two bedrooms and one bedrooms, a very charming apartment community located in the upcoming emplacement hub neighborhood of Arden Arcade, California. The property features 8 Two large Bedrooms and 20 one bedrooms, on 1.24 acres over 20,878 sq ft of living space. The property presents a value-add opportunity for the next savvy buyer in one of the hottest and supply constraint rental markets in the entire county. In addition to the tight vacancy, the community offers a value-add opportunity for a buyer with minimal need for capital improvements. extraordinarily little deferred maintenance. Capital improvements just completed. Plenty of upside potential with waiting list. Newer roof, landscape and resurfaced pool, Pool house can be converted to addition units. 20 (1x1) and 8 (2x1) units - Walking distance to Target, Starbucks, Howe Park, Home Depot - 100% occupied.
Full Property Details
Full Property Details for 2412 Cottage Way
General
- Sold For: $5,000,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 221141725
- Added to Site: 896 day(s) ago
Interior
- Flooring: Carpet, Linoleum
Rooms
Other Rooms
- Laundry: Coin Operated, Washer/Dryer Leased, In Common Area
Additional Information
- Security/Safety: Carbon Mon Detector, Smoke Detector
Parking
- Parking Features: Covered
- Parking: Covered
Location
- County: Sacramento
- Cross Streets: Fulton
- Driving Directions: Watt or Fulton Or Howe to Cottage way
School Information
- School District: Sacramento
- Elementary School: Sacramento Unified
- Middle School: Sacramento Unified
- High School: Sacramento Unified
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Structural Information
- Construction: Stucco
- Stories/Levels: 2
- Year Built: 1971
Unit Information
Unit 1
- Square Feet: 20878
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 1.24
- Lot Size (Sq. Ft.): 54,014
Financial Considerations
- Price Per Sq. Ft.: $239.49
- Price Per Acre: $4,032,258.06
- Terms: 1031 Exchange, Conventional, Other
Disclosures and Reports
- Buyer’s Brokerage Compensation: 1.50%
Listed by Abella Organization
Sold by Non-MLS Office - Sac
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Schools
Schools serving 2412 Cottage Way
School District:San Juan Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2404 Howe Ave, Sacramento, CA 95825 | K-5 | 0.7 mi | |
1400 Bell St, Sacramento, CA 95825 | 6-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2412 Cottage Way
Date
Details
Price
Change
Source
4/18/2022
Sold
$5,000,000
-3.47%
MLS
11/05/2021
Listed
$5,180,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2412 Cottage Way, Sacramento, CA 95825 (MLS# 221141725) is a Multi-Family property that was sold at $5,000,000 on April 18, 2022. Want to learn more about 2412 Cottage Way? Do you have questions about finding other Multi-Family real estate for sale in Sacramento? You can browse all Sacramento real estate or contact a Coldwell Banker agent to request more information.