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$700,000
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Property Description
Available as a Portfolio with 14 Units Next Door - 2562 Traction Ave. 8.55% Year One Cap Rate Underwritten to a Realistic 40% Expense Load. Majority of the Units Are Strategically Rented Through Section 8 Vouchers, Allowing For Guaranteed Income by State-Supported Programs. Low-Basis Acquisition Being Offered at $106,818/Unit. Close Proximity to Restaurants, Retailers, and Downtown Sacramento.
Full Property Details
Full Property Details for 2570 Traction Ave
General
- Sold For: $700,000
- Status: Closed
- Type: Multi-Family
- Source: METROLIST_Cali
- MLS ID: 224023253
- Added to Site: 752 day(s) ago
Location
- County: Sacramento
Lot Features
- Zoning: R-2B
Listed and Sold by ALIVE Commercial Real Estate
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Schools
Schools serving 2570 Traction Ave
School District:Twin Rivers Unified School District
| Name | Grades | Distance |
|---|---|---|
Northwood Elementary School, Sacramento, CA 2630 Taft Street, Sacramento, CA 95815 | K-6 | 0.8 mi |
Martin Luther King Jr. Technology Academy 3051 Fairfield Street, Sacramento, CA 95815 | 7-8 | 0.7 mi |
Grant Union High School 1400 Grand Avenue, Sacramento, CA 95838 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2570 Traction Ave
Date
Details
Price
Change
Source
7/23/2024
Sold
$700,000
-18.09%
MLS
5/30/2024
Price Reduced
$854,545
-11.32%
MLS
3/12/2024
Listed
$963,640
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2570 Traction Avenue, Sacramento, CA 95815 (MLS# 224023253) is a Multi-Family property that was sold at $700,000 on July 23, 2024. Want to learn more about 2570 Traction Avenue? 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.

