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 Lot Size
Investment
Built in 1920
MLS/Listing ID NDP2408879
5 Units
Double Pane Windows
Tankless Water Heater
Refrigerator
Disposal
Gas Cooktop
Dishwasher
Lot - Near Public Transit
Lot - Near Park
Lot - Landscaped
Lot - Garden
Lot - Front Yard
Inside
Common Area
Cooling - Central Air
Community - Park
Community - Sidewalks
Community - Street Lights
Community - Storm Drains
Style - Victorian
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE
TOTAL MONTHLY COST
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