2643 Furmint Way, Rancho Cor, CA 95670
- $1,799,999
Listed by Jameel Batshon, (510) 714-0453 from Real Brokerage Technologies
(If provided) CoList: Ramez Bahu from Real Brokerage Technologies
- List Price
- $1,799,999
- MLS#
- BE41145566
- Status
- ACTIVE
- Lot Size
- 12,331
- Listing Area
- Other Area
- Year Built
- 1965
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.
Additional Information
- Acres
- 0.28
- Amenities
- Balcony/Patio
- Cooling System
- Central -1 Zone
- Exterior Features
- Stucco, Siding - Vinyl
- Floor Covering
- Laminate, Tile, Vinyl, Carpet - Wall to Wall, Concrete, Hardwood
- Garage Parking
- Parking Area
- Heating System
- Forced Air
- Lot Size
- 12,331
- Neighborhood
- Other Area
- Numberof Units
- 8
- Roof
- Other
- Unincorporated Yn
- Yes
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