Address
2412 Cottage Way Sacramento, CA
Price
$ 5,180,000
Property Attributes
  • MLS#221141725
  • TypeIncome
  • CountySACRAMENTO
  • CitySacramento
  • Area10825
  • Zip95825
  • Style
  • Price$ 5,180,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Lot Size1.24 Acres
Listing Provided Courtesy Of:
Willie W. Haidari CalBRE# - 01120968 with Abella Organization
Data Source:
MetroList - 47 -CA
Property Description

Cottage Square Apartments offers hard to find 28 units of large two bedrooms and one bedrooms, a very charming apartment community located in the upcoming emplacement hub neighborhood of Arden Arcade, California. The property features 8 Two large Bedrooms and 20 one bedrooms, on 1.24 acres over 20,878 sq ft of living space. The property presents a value-add opportunity for the next savvy buyer in one of the hottest and supply constraint rental markets in the entire county. In addition to the tight vacancy, the community offers a value-add opportunity for a buyer with minimal need for capital improvements. extraordinarily little deferred maintenance. Capital improvements just completed. Plenty of upside potential with waiting list. Newer roof, landscape and resurfaced pool, Pool house can be converted to addition units. 20 (1x1) and 8 (2x1) units - Walking distance to Target, Starbucks, Howe Park, Home Depot - 100% occupied.

Price History
11/5/2021 Listed $5,180,000

General Features

Association Y/N No
Construction Materials Stucco
Cooling Central
Elementary School District Sacramento Unified
Flooring Carpet, Linoleum
Heating Central
High School District Sacramento Unified
Lot Size Square Feet 54014
MLS Area 10825
Property SubType 5 or More Units
Property Type Residential Income
School District (county) Sacramento
Sewer Sewer Connected
Status Active
Subtype Description Apartments
Total Units 28

Interior Features

Laundry Features Coin Operated, Washer/Dryer Leased, In Common Area
Total Stories 2
Unit 1 # Of Rooms 2
Unit 1 Approx Sqft 20878
Unit 1 Bedroom Units Total 20
Unit 1 Bedrooms 2
Unit 1 Full Baths 1
Unit 1 Rent 1350
Unit 1 Sqft Source Appraiser
Unit 2 Bedroom Units Total 8

Exterior Features

Foundation Details Slab
Lot Features Auto Sprinkler F&R, Corner, Sidewalk
Lot Size Acres 1.2400
Lot Size Source Assessor Auto-Fill
Number of Buildings 3
Parking Features Covered
Total Parking 35
Water Source Water District

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 95825

Price
AVG $5.18M
$5.18M
Visits
AVG 43
48
Year Built
AVG 1971
1971

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