2711 I Street, Sacramento, CA 95816

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List Price
$1,600,000
Price Change
▼ $50,000 1737073123
Status
PENDING
MLS#
NDP2408879
Year Built
1920
Lot Size
6,534
Acres
0.15
Lot Location
Front Yard, Garden, Landscaped, Near Park, Near Public Transit
Days on Market
420
Property Type
Multifamily
Style
Victorian

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.

Additional Information

Other Buildings
Storage
Appliances
Dishwasher, Gas Cooking, Disposal, Refrigerator, Tankless Water Heater
Pool Description
None
Cooling
Yes
Cooling Description
Central Air
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$11,440
Operating Expense
36800

Listing courtesy of Listing Agent: Denise Cook (moxyrealtor@gmail.com) from Listing Office: Century 21 Masters.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.