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.
3,852 Sq Ft
6,534 Sq Ft Exterior Space
Investment
Built in 1920
MLS/Listing ID NDP2408879
5 Units
Disposal
Gas Cooktop
Refrigerator
Tankless Water Heater
Double Pane Windows
Lot - Front Yard
Lot - Garden
Lot - Landscaped
Lot - Near Park
Lot - Near Public Transit
Common Area
Inside
Community - Park
Dishwasher
Style - Victorian
Community - Street Lights
Community - Storm Drains
Community - Sidewalks
Listing Courtesy of CENTURY 21 MASTERS, DENISE COOK - 916-956-7913
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE