Exceptional Midtown Sacramento Investment Opportunity. Annual Income $114,400; Cap Rate 5.3%, GRM 7.2. A 5-unit complex in a highly sought-after area – Midtown Sacramento. This landmark property is in central location, away from freeway noise and overpass traffic. Along with leased five 1 bed/1 bath units the property has a converted 3-car garage storage/studio spaces, potential opportunity for extra income. Exterior recently painted and units updated dual pane windows, tankless water heaters, new fixtures and paint. Beautiful fountain in front and serene pond in back. Very maintained property, prior owner was on site landlord. A must see.
Property Details
Price:
$1,600,000
MLS #:
NDP2408879
Status:
Active
Baths:
0
Address:
2711 I Street
Type:
Residential Income
Neighborhood:
sctosacramento
City:
Sacramento
Listed Date:
Sep 19, 2024
State:
CA
ZIP:
95816
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
1920
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Dishwasher, Disposal, Gas Cooking, Refrigerator, Tankless Water Heater
Cooling
Central Air
Window Features
Double Pane Windows
Exterior
Community Features
Sidewalks, Storm Drains, Street Lights, Park
Garage Spaces
0.00
Lot Features
Front Yard, Garden, Landscaped, Near Public Transit, Park Nearby
Parking Spots
0.00
Pool Features
None
Stories Total
2
Financial
Association Fee
0.00
Map
Community
- Address2711 I Street Sacramento CA
- AreaSCTO – Sacramento
- CitySacramento
- CountySacramento
- Zip Code95816
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2711 I Street
Sacramento, CA
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