Newmark, as the exclusive advisor, is pleased to present a prime investment opportunity at 2009 N Street, Sacramento, CA, a fully leased, fee simple property promising stable returns in a thriving urban locale. Priced at $2,050,000 and an acquisition Cap Rate of 5%, this dynamic investment property boasts two distinct buildings: 2009 N ST- a colonial structure with three modern and renovated residential flats, and the other, 2009 Matsui Alley-Federalist Pizza- a trend-setting pizza restaurant and taproom within 7 creatively re-purposed shipping containers. The combination of robust residential leasing and a strong commercial presence provides investors with a balanced portfolio offering long-term stability and profitability. Don’t miss the chance to own this exceptional investment property, perfectly positioned to capitalize on Sacramento’s real estate growth and dynamic urban lifestyle.
Property Details
Price:
$2,050,000
MLS #:
ML81985833
Status:
Active
Baths:
0
Address:
2009 N Street
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
699notdefined
City:
Sacramento
Listed Date:
Nov 6, 2024
State:
CA
ZIP:
95811
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
2014
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Schools
Interior
Accessibility Features
None
Cooling
Central Air
Heating
Forced Air
Exterior
Garage Spaces
0.00
Parking Spots
0.00
Roof
Composition, Metal
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Map
Community
- Address2009 N Street Sacramento CA
- Area699 – Not Defined
- CitySacramento
- CountySacramento
- Zip Code95811
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Courtesy of Cornish & Carey Commercial. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
2009 N Street
Sacramento, CA
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