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Listed by Denise Cook • Century 21 Masters
$1,600,000
Est. payment /mo
3,852 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,852 sqft
Price per Sqft $415
MLS Listing ID CRNDP2408879
HOA Y/N No
Year Built 1920
Lot Size 6,534 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
Exceptional Midtown Sacramento Investment Opportunity. Annual Income $114,400; Cap Rate 4.2%, 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.
Location
State CA
County Sacramento
Interior
Cooling Central Air
Fireplace No
Appliance Tankless Water Heater
Laundry Other, Inside
Building
Lot Description Other, Front Yard, Garden
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