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Listed by Denise Cook • Century 21 Masters
$ 1,600,000
Est. payment | /mo
3,852 SqFt
$ 1,600,000
Est. payment | /mo
3,852 SqFt
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Square Footage 3,852 sqft
Price per Sqft $415
MLS Listing ID 8N-2408879
Style Victorian
Year Built 1920
Lot Size 6,534 Sqft
Source California Regional Multiple Listing Service (CRMLS)
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
Area Scto - Sacramento
Zoning R-3A-SPD
Interior
Laundry Common Area, Inside
Exterior
Pool None
Community Features Park, Sidewalks, Storm Drains, Street Lights
View Y/N No
Building
Lot Description Front Yard, Garden, Landscaped, Near Public Transit, Park Nearby
Others
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2408879