Bought with TEST ID UNKNOWN
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3539 Edison Ave Sacramento, CA 95821
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Key Details
Sold Price $1,580,000
Property Type Commercial
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 9,156 sqft
Price per Sqft $172
MLS Listing ID 41128127
Year Built 1956
Lot Size 0.429 Acres
Property Sub-Type 5 or More Units
Property Description
Built in 1956, this 16-unit apartment building (The Arcade Apartments) is conveniently located just blocks away from interstate 80 and the Sacramento Light Rail System, which places residents in close proximity to many Neighborhood shopping conveniences: Starbucks Coffee, Haggin Oaks Golf Complex, Sacramento Softball Complex, Del Paso Park, and a Wallmart Supercenter. The owner has made many building improvements since 2015 including: a termite clearance in 2015; new boiler; plumbing upgrades; new front and rear exterior staircases; new front piers, posts and decking. Many units have been renovated, freshly painted, and have new appliances. The Arden Arcade apartments offers investors the opportunity to immediately increase several rents to market upon vacancy.
Location
State CA
County Sacramento
Interior
Heating Natural Gas, Wall Furnace
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Flooring Laminate, Linoleum, Carpet
Laundry Coin Operated, Dryer, Washer, Washer/Dryer Hookups, Sink
Building
Lot Description Level, Front Yard
Others
Special Listing Condition Standard
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