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$ 1,799,999
Est. payment /mo
Active
2643 Furmint Way Rancho Cordova, CA 95670
7,408 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,408 sqft
Price per Sqft $242
MLS Listing ID 41145566
HOA Y/N No
Year Built 1965
Lot Size 0.283 Acres
Acres 0.28
Property Sub-Type Multi Family
Property Description
Excellent investment opportunity in the heart of Rancho Cordova! This well-located eight-unit apartment property consists entirely of spacious two-bedroom, one-bath residences averaging approximately 926 square feet. Each unit features its own in-unit laundry—an attractive and highly desirable amenity for tenants—plus convenient on-site parking. The property is just minutes from Highway 50 and close to Walmart, Safeway, Target, Ross, KP International Market, restaurants, shopping, and everyday conveniences. The Zinfandel light-rail station is also within walking distance, providing residents with easy access to public transportation. Approximately $120,000 has been invested in property improvements, including the recent replacement of all eight electrical panels. Most units have already been renovated, helping reduce near-term improvement expenses. Current rents are below market, creating a compelling value-add opportunity for an investor seeking increased rental income and long-term appreciation. With spacious units, desirable amenities, completed upgrades, strong transportation access, and significant rental upside, this property offers excellent potential to improve cash flow and maximize future returns.
Location
State CA
County Sacramento
Rooms
Basement None
Interior
Heating Forced Air
Cooling Central Air
Flooring Concrete, Hardwood, Laminate, Tile, Vinyl, Carpet
Fireplace No
Exterior
Utilities Available Individual Electric Meter, Individual Gas Meter
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 0570223023000
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Listed by Jameel Batshon • Real Brokerage Technologies