NOT LISTED FOR SALE
16 Beds
4 Baths
2,110 Sq Ft
0.83 Acres

Last Sold September 03, 2013

Last sale price $1,155,000 $547 Per Sq Ft

13 Days on Market

Highlights

  • 0.83 Acre Lot
  • 4-minute walk to Cordova Town Center
  • Patio
  • Contemporary Architecture
  • No HOA
  • Central Heating

About This Home

As of September 2013

Silver Creek Townhomes offer a tremendous cash flow opportunity. Exterior recently painted. Property consists of 14 large 2bed/1.5ba townhomes and 2 large 3bed/1.5ba townhomes. Located off of Folsom Blvd near Zinfandel. Property in very good repair, complete income and expense statement available upon request

Last Listed By

Jim Drazenovich

Brittain Commercial License #00891047 Listed on: 03/21/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 0.83

Parking

  • 22 Open Parking Spaces

Home Design

  • Contemporary Architecture
  • Flat Roof Shape

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Fire and Smoke Detector

Additional Features

  • Patio
  • 0.83 Acre Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 057-0293-006-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 16 Units

Building Details

  • 1 Vacant Unit
  • 16 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1970
  • Architectural Style: Contemporary
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Free Standing Electric Range,Free Standing Refrigerator
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: None
  • Listing Price: 1175000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Flat

Garage/Parking

  • Open Parking Spaces: 22
  • Parking Features: Street,1+ Space Per Unit

Utilities

  • Security: Smoke Detector
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Leased

Condo/Co-op/Association

  • Association Features: Pool,Public Trans Nearby
  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: RD30
  • Lot Size Acres: 0.8265
  • Lot Size Sq Ft: 36002

Rental Info

  • Tenant Pays: Electricity
  • Total # Leasable: 16

Multi Family

  • Gross Income: 164245
  • Income Includes: Laundry
  • Existing Lease Type: See Remarks
  • Number of Month to Month Units: 16
  • Number of Units: 16
  • Number of Vacant Units: 1
  • Units Furnished: None
  • Gross Income Multiplier: 7.110

Tax Info

  • Assessor Parcel Number: 057-0293-006-0000

MLS Schools

  • School District (County): Sacramento

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2013 09/03/13 Sold $1,155,000 -1.7% $547 / Sq Ft
04/03/2013 04/03/13 Pending -- -- --
03/21/2013 03/21/13 For Sale $1,175,000 -- $557 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 13015420

MetroList