2643 Furmint Way,Rancho Cordova, CA 95670
Rancho Cordova, CA 95670
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.
Details
| MLS # | 41145566 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 14 |
| Listing Provided By | Real Brokerage Technologies | Jameel Batshon |
Features
| Units | 8 |
|---|---|
| Acreage | 0.28 |
Interior
| Heating | Forced Air |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Construction Materials | Stucco, Vinyl Siding |
|---|---|
| Lot Features | Corner Lot |
Area Information
| State | CA |
|---|---|
| County | Sacramento |
| City | Rancho Cordova |
| Zip Code | 95670 |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $1,799,999 low | high Med: $804,495 On site: 14 low | high Med: 122.5 | |
Market Activity 95670
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Learn More About This Property
| State | CA |
|---|---|
| County | Sacramento |
| City | Rancho Cordova |
| Zip Code | 95670 |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $1,799,999 low | high Med: $804,495 On site: 14 low | high Med: 122.5 | |
