5631 53rd Street, Sacramento, CA 95824

Property Description

Excellent investment opportunity! This gated and well-maintained 4-plex offers a turnkey addition to an investor's portfolio, with one unit currently vacantproviding flexibility for potential owner occupancy or the opportunity to lease at current market rent. The property underwent extensive renovations approximately five years ago, including updated kitchens and bathrooms, flooring, windows, lighting, and energy-efficient mini-split heating and cooling systems. Reported 5.7% cap rate! Designed with ease of ownership in mind, the property offers a low-maintenance setup along with a private, gated parking lot for residents. Conveniently located within walking distance to shopping, everyday amenities, and public transportation, making it an attractive option for tenants. Located within an Opportunity Zone, this property may also offer potential tax advantages for qualifying investors. A great opportunity to acquire an updated, income-producing multifamily property with the added flexibility of a vacant unit.