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Investment Highlights

  • VERY NICE TURN KEY COTTAGES
  • PRIVATE QUIET CLEAN SAFE

Executive Summary

Excellent turn-key investment. ONE COTTAGE IS NOW VACANT AND READY TO SHOW!!
!Fresh paint & new roofs! A great opportunity to own 4 darling & desirable detached cottages on one lot, centrally
located on a quiet street near shopping, restaurants & downtown. 3226, 3228 & 3230 W Street are all cute 1-bedroom, 1 full bath cottages with
lots of character and charm. Each property features a comfortable living room, spacious kitchen, and inside laundry hook-ups. 3226 is located
over the 3-car garage and features 2 bedrooms & 1 full bath & W/D hook-ups. Garage spaces are offered to the tenants to rent for additional
income. Tenants pay gas & electricity. Close to everything; UC Davis Medical Center, downtown, award-winning schools, shopping, parks &
freeway access. One unit at 3230 W Street has been updated, is vacant, and available to be shown. PLEASE DO NOT DISTURB THE
Tenants of the other units. Tenants are on Month-to-Month leases. Tenants pay metered gas & electricity separately. Rents are $1,500,
$1,495, $1,502, and $1,895 per month. In addition to rents, tenants also pay a total of $237, combined per month, towards
sewer/water/garbage & garage rent. Total monthly income is $6,629. Total annual income is $79,548. GRM is 11.3 and 8.85% Cap Rate based
on gross rents. A fantastic investment opportunity with lots of potential.
Listing courtesy of Greg Batchelder, DRE# 00182401, Windermere Signature Properties, El Dorado Hills/Folsom.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $1,248,891 CAD
Price Per Unit $312,223 CAD
Sale Type Investment
Cap Rate 6.20%
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Gross Rent Multiplier 11.3
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 0.15 AC
Building Size 1,923 SF
Average Occupancy 100%
No. Stories 1
Year Built 1939
Zoning R-4 - Residential 4 units

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - 1,923
Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
010-0262-005
Land Assessment
$204,170 CAD
Improvements Assessment
$398,541 CAD
Total Assessment
$602,712 CAD
  • Listing ID: 40480858

  • Date on Market: 2026-05-11

  • Last Updated:

  • Address: 3226 W St, Sacramento, CA 95817

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