2643 Furmint Way, Rancho Cordova, CA 95670
sale
$1,799,999
|
Other
Courtesy Of Real Broker Technologies, Inc.
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.
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Property Features
- Age: Over 50 Years Old
- Building Units: 8
- Cooling System: Central Air
- Exterior Type: Stucco
- Exterior Type: Vinyl Siding
- Floor Covering: Vinyl
- Floor Covering: Laminate
- Floor Covering: Tile
- Floor Covering: Carpet
- Floor Covering: Concrete
- Floor Covering: Hardwood
- Heating System: Forced Air
- MLSID: 41145566
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