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325 Barrette Avenue, Sacramento, CA 95815
$1,475,000
325 Barrette Avenue, Sacramento, CA 95815View this property at 325 Barrette Avenue, Sacramento, CA 95815
325 Barrette AvenueSacramentoCA95815
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Property Description
6.65% Current Cap Rate Underwritten to a Realistic 41% Expense Load. Assumable $989,965 Loan (66% LTV) at 4.24%, 30-Year Amortization, Due September 2029. Most Units Rented Through the TLCS Program and Section 8 Vouchers, Allowing For Guaranteed Income by State-Supported Programs. Low-Basis Acquisition Being Offered at $150,000/Unit. Desirable One and Two-Bedroom Floor Plans. Close Proximity to Restaurants, Retailers, and Downtown Sacramento.
Full Property Details
Full Property Details for 325 Barrette Ave
General
- Sold For: $1,475,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 223103686
- Added to Site: 230 day(s) ago
Interior
- Flooring: Laminate
Rooms
Other Rooms
- Laundry: Other
Additional Information
- Security/Safety: Carbon Mon Detector, Fire Alarm
Parking
- Parking Features: Off Street, Open
- Parking: Off-Street Parking, Open
Location
- County: Sacramento
- Cross Streets: Grove Ave
- Driving Directions: Old North Sacramento
School Information
- School District: Sacramento
- Elementary School: Twin Rivers Unified
- Middle School: Twin Rivers Unified
- High School: Twin Rivers Unified
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Wall Furnace
Structural Information
- Construction: Stucco
- Roof: Shingle
- Stories/Levels: 0
- Year Built: 1960
Unit Information
Unit 1
- Square Feet: 525
- Bedrooms: 1
Unit 2
- Square Feet: 550
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Zoning: R-1
Financial Considerations
- Price Per Sq. Ft.: $271.34
- Price Per Acre: $9,833,333.33
- Terms: Assumable
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed and Sold by ALIVE Commercial Real Estate
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Schools
Schools serving 325 Barrette Ave
School District:Twin Rivers Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
Harmon Johnson Elementary School
577 Las Palmas Ave, Sacramento, CA 95815 | 3-6 | 0.7 mi | |
477 Las Palmas Ave, Sacramento, CA 95815 | PK-2 | 0.7 mi | |
3201 Northstead Dr, Sacramento, CA 95833 | 6-8 | 1.7 mi | |
1400 Grand Ave, Sacramento, CA 95838 | 9-12 | 2.2 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 325 Barrette Ave
Date
Details
Price
Change
Source
1/30/2024
Sold
$1,475,000
-1.67%
MLS
10/24/2023
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
325 Barrette Avenue, Sacramento, CA 95815 (MLS# 223103686) is a Multi-Family property that was sold at $1,475,000 on January 30, 2024. Want to learn more about 325 Barrette 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.