Address
6617 Madison Carmichael, CA
Price
$ 825,000
Property Attributes
  • MLS#20047098
  • TypeCommercial
  • CountySACRAMENTO
  • CityCarmichael
  • Zip95608
  • StyleProfessional
  • Price$ 825,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Ranganayaki Ranga Pathak CalBRE# - 01364897 with RE/MAX Gold
Property Description

100% Leased Investment property. The building has 11 suites, all of which are leased. There are a total of 6 tenants, with some tenants occupying multiple suites. NOI, Gross income and cap rate calculations are based upon 100% occupancy. Expenses are based upon actual expenses for Jan-June 2020 and projections for the remaining part of the year. High identity building facing Madison with extensive frontage on Madison Avenue and at a higher level from the road, affording excellent visibility. Near the corner of Madison and Dewey Avenue. Direct access to the highway 80. Close proximity to Dignity Health hospital campus. Close to all parts of the Sacramento metro area including Roseville/Rocklin to the north and Folsom to the east. Near several other major retailers, shopping centers and other commercial. Major arterial road in the Sacramento area connecting highway 80 all the way to Folsom in the east. Investment opportunity.

Price History
8/11/2020 Listed $825,000

General Features

Air Central
Amenities None
Apn 232-0300-040-0000
Area 10608
Bldg Use-type Of Bus Professional
Cc&rs No
Census Tract 81.17
Construction Frame
HOA MetroList Services, Inc.
Income Other-Rmks
Lease Terms Lease Gross, Month to Month
Miscellaneous Sprinkler Sys Lawn
Other Expenses Maint Landscape, Management, Other-Rmks
Parking Open
Property Description 100% Leased Investment property. The building has 11 suites, all of which are leased. There are a total of 6 tenants, with some tenants occupying multiple suites. NOI
Property Subtype Office
Space 1 - $ / Sq Ft 0.00
Space 2 - $ / Sq Ft 0.00
Space 3 - $ / Sq Ft 0.00
Space 4 - $ / Sq Ft 0.00
Stories 1 Story
Tenant Pays Electric
Year Built 1974
Zoning Business Professional

Interior Features

Flooring Combo of Materials
Heating Central
Total Units 11

Exterior Features

Door None
Exterior Frame
Roof Description Flat/Low Pitch

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 95608

Price
AVG $410K
$830K
Visits
AVG 82
42
Year Built
AVG 1976
1974
Walkscore
AVG 56
73
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.