2711 I Street Active

Sacramento,CA 95816

$ 1600000

- Bed

- Bath

3852 SqFt


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

Originating Board Datashare California Regional

Year Built 1920

Lot Size 6,534 Sqft

Property Description

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.

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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