$1,100,000

RARE TURNKEY MULTIFAMILY INVESTMENT WITH EXCEPTIONAL UPSIDE! Rare opportunity to own a fully renovated fourplex offering immediate rental income, low-maintenance ownership, and outstanding future development potential. The property underwent a comprehensive renovation in October 2022, featuring modern finishes, updated systems, and improved functionality that provide today's tenants with comfort and convenience while offering investors a turnkey asset. Each of the four units features 2 bedrooms, 1 bathroom, and its own stackable washer and dryer, providing an amenity that is highly desirable in today's rental market. Tenants pay their own electricity and gas, helping reduce owner operating expenses and improve investment performance. During the 2022 renovation, the owner completed extensive improvements, including a new roof, HVAC systems, plumbing, electrical, windows, stucco, framing, kitchens, bathrooms, and bedrooms. The extensive upgrades make this an attractive, low-maintenance investment with strong long-term rental appeal. Situated on a large lot, this property offers exceptional upside beyond its current income. Potential opportunities may include splitting the lot to construct an additional fourplex or retaining the existing improvements while adding up to three Accessory Dwelling Units (ADUs), creating multiple opportunities to increase future value and cash flow. Buyer to independently verify all zoning, lot split potential, ADU opportunities, permits, development feasibility, and intended uses with the City of Sacramento and all applicable governmental agencies. Whether you are completing a a 1031 Exchange, expanding your multifamily portfolio, or searching for a quality investment with long-term appreciation potential, this property offers a rare combination of modern improvements, immediate income, and future development possibilities. Conveniently located near shopping, restaurants, schools, parks, Downtown Sacramento, Sacramento International Airport, public transportation, and major commuter routes, this property is well positioned in one of Sacramento's strongest rental markets.