$1,500,000
$1,600,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
5,025 SqFt
SOLD DATE : 03/20/2025
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,025 sqft
Price per Sqft $298
MLS Listing ID 225004533
Sold Date 03/20/25
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1958
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type 5 or More Units
Property Description
Attention Investors,presenting an excellent Investment opportunity in Midtown Sacramento. Half a block from the Sacramento Natural Foods Co- op,Temple Coffee and the light rail. Within proximity to many restaurants, shops and the freeway. This fully rented 8 unit apartment complex has new dual pane windows.The property consists of two 2-Bedroom and six 1- Bedroom units. 2 parking spots on the back alley and plenty of parking spaces in front of the building. Cap rate is at 5.1%
Location
State CA
County Sacramento
Area 10816
Direction The apartment complex is located on S street between 27th and 28th streets.
Interior
Heating Gas, Wall Furnace
Cooling Ceiling Fan(s), Wall Unit(s)
Flooring Vinyl, Wood
Window Features Dual Pane Full
Appliance Varies By Unit
Laundry Coin Operated, In Common Area
Exterior
Parking Features Street, Uncovered, See Remarks
Utilities Available Natural Gas Connected, City
Water Access Desc Water District,Meter on Site,Public
Total Parking Spaces 2
Building
Lot Description Shape Regular, Sidewalk
Story 2
Foundation Concrete, Raised, Slab
Sewer In & Connected, Public Sewer
Water Water District, Meter on Site, Public
Schools
Elementary Schools Sacramento Unified
Middle Schools Sacramento Unified
High Schools Sacramento Unified
School District Sacramento
Others
Senior Community No
Tax ID 010-0051-010-0000
Special Listing Condition None
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Bought with Windermere Signature Properties Sierra Oaks
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