2512 Edison Avenue
Sacramento, CA 95821
Sq. Feet 60,548
$2,125,000
The subject property is comprised of 23 units and is located in Fairfield, California. The location provides easy access to transportation, schools and other city amenities. The complex consists of seven (7) two-bedroom/one and a half bath townhouse units, eight (8) small one-bedroom/one-bath units, eight (8) large one bedroom/one bath unit, a nice communal laundry room, 32 parking spaces, and sparkling swimming pool and private yards for townhouse units.
Fairfield is a city in, and the county seat of, Solano County, California, United States. It is generally considered the midpoint between the cities of San Francisco and Sacramento, approximately 36 miles from the city center of both cities, approximately 31 miles from the city center of Oakland, less than 19 miles from Napa Valley, 16 miles from the Carquinez Bridge, and 14 miles from the Benicia Bridge. It is located in the North-eastern part of the Bay Area. Fairfield was founded in 1856 by clippership captain Robert H. Waterman, and named after his former hometown of Fairfield, Connecticut.
Cap Rate: 6.97% NOI: $126,000 Livable Sq. Ft: 12,050
Built in 1974 23 units Lot Sq. Ft: 14,793