$1,440,000
For Sale

3525 Norris Avenue

Sacramento, CA 95821
3750 sqft | 0.56 acres | #224107966
Browse 16 photos
Type:Multi-Family
Structure:Unit
Zone:Residential

Description

We are pleased to present 3525 Norris Ave Apartments, a 5-unit multi-family apartment community in the Arcade submarket of Sacramento and bordering Carmichael. Built in 1959, the property sits on a large, 0.56-acre lot, and is nestled in a residential neighborhood adjacent to Mira Loma High School. Residents benefit from close proximity to Interstate 80, the Arden Fair Shopping Mall, and vast amounts of shopping, dining, and employment opportunities. The apartment community features exclusive single-story two-bedroom, one-bathroom floorplans and is zoned RD-20, welcoming 5 more units developed on site. The current ownership group has extensively rehabilitated 80% of the existing units with the scope of work including a new open-concept kitchen and living room design, new private washer/dryer enclosures on back patios/yards, and all new stainless-steel appliances, granite countertops, shaker style cabinets, dual pane windows, mini-split HVAC units, electrical panels, fixtures, can lighting, vinyl plank flooring, and paint throughout. Additional improvements include a new landscaping design in both the front and back of the property, connection to city sewer and permitted abandonment of the old septic system, and new asphalt and striping for the 2:1 ratio parking area.

  • Interior Details
      • Cooling FeaturesCentral
  • Property Details
      • Lot DescriptionPrivate
      • Stories1
    • Measurements
      • Acres0.56
      • Square Feet3750
    • Parking
      • Parking FeaturesOff Street
      • Parking Spaces10
  • Construction Details
      • Property TypeMulti-Family
      • StyleCottage
    • Condition
      • Year Built1959
    • Material information
      • FoundationConcrete
  • Utilities / Energy Details
      • Utility FeaturesNatural Gas Connected
      • AppliancesDishwasher, Disposal
      • Utility SourceMeter on Site
      • Sewer InformationPublic Sewer
  • Community and Neighborhood Details
      • CountySacramento
      • ZoningRD-20
  • Other
      • MLS #224107966

Location

Debra DurbinReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00