About 6648 14th Avenue
Excellent turn-key investment. A great opportunity to own a 4-Plex (2 duplex on one lot), centrally located. 6648,6650,6652, & 6654 are all single-story units with 2 bedrooms, 1 full bath, and a 1 car garage. Each property features a comfortable living room, spacious kitchen, and laundry hook-ups. The large driveway provides plenty of off- street parking. There are 2 quiet & private back yards that are shared by the tenants. Close to everything; shopping, restaurants, schools, Sac State University, UC Davis Medical Center, downtown, and freeway access. PLEASE DO NOT DISTURB THE TENANTs. Tenants are on Month-to-Month leases. Tenants pay separately metered gas & electricity. Rents are $1,562, $1,854, $2,045, and $2,002 per month. In addition to rents, tenants also pay a total of $432, combined per month, towards sewer/water/garbage. Total monthly income is $7,895. Total annual income is $94,743. 7.02% Cap Rate. A fantastic investment opportunity with lots of potential.
