2643 Furmint Way, Rancho Cordova, CA 95670
List Price: $1.8M
Listing Status: Hold
0Days on Market: 1
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1965
Lot Size: 12,331 sq ft
MLS Number: 41145566
About This Property
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.
Listing provided by: Jameel Batshon DRE #01444446 855-450-0442 jameel@baycrt.com, Real Brokerage Technologies
Source: CRMLS, MLS #: 41145566
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.