Fantastic Investment Opportunity with Great Cash Flow! Don’t miss this large corner-lot duplex with the potential to become a triplex in a highly sought-after location! The property includes a city-approved garage conversion for a third unit, making it a versatile option for investors looking to maximize rental income. Each updated duplex unit offers 2 bedrooms and 1 full bathroom, with spacious living rooms and generously sized kitchens that provide comfortable and functional layouts. Located just a short walk from schools, parks, shopping, and public transportation, this property also boasts easy freeway access, ensuring convenience for tenants. Whether you're looking to expand your portfolio or invest in a high-demand area, this property is packed with potential.
Newmark, as the exclusive advisor, is pleased to present a prime investment opportunity at 2009 N Street, Sacramento, CA, a fully leased, fee simple property promising stable returns in a thriving urban locale. Priced at $2,050,000 and an acquisition Cap Rate of 5%, this dynamic investment property boasts two distinct buildings: 2009 N ST- a colonial structure with three modern and renovated residential flats, and the other, 2009 Matsui Alley-Federalist Pizza- a trend-setting pizza restaurant and taproom within 7 creatively re-purposed shipping containers. The combination of robust residential leasing and a strong commercial presence provides investors with a balanced portfolio offering long-term stability and profitability. Don't miss the chance to own this exceptional investment property, perfectly positioned to capitalize on Sacramento's real estate growth and dynamic urban lifestyle.
Charming Sacramento Fourplex!!! Discover this well-maintained fourplex in Sacramento, perfectly situated just minutes from downtown. Ideal for both owner-occupiers and investors, this property offers an exceptional opportunity with four spacious 2-bedroom, 1-bathroom units, each equipped with central heating, air conditioning, and individual garages. A convenient common laundry room adds to the appeal for tenants and owners alike. The neighborhood is impeccably managed by a Homeowners Association, covering landscaping, exterior paint, and garbage services, ensuring peace of mind and maintained curb appeal. Enjoy easy access to a nearby park and aquatic center, adding recreational value to this already attractive property. Don’t miss out on this rare find. There is an HOA fee for the property monthly fee $385.00 Pictures of Unit # 4 were taken in 2021.
Investor Opportunity - 2 Homes on One Lot With potential Room For Expansion and a 8.4% CAP RATE Located in Sacramento, this prime investment opportunity features 2 homes on one lot with potential to add another ADU. The front house being paired with the new ADU offers immediate rental income. With the flexibility to potentially build another unit, this property is perfect for investors looking to maximize returns in an area with high rental demands. Both homes are move-in ready, making this a great option for investors or multi-generational living, The spacious lot offers ample room for further development, giving the buyers the chance to increase the properties value even more. With an estimated annual rental income of $42,000 and a strong 8.4% cap RATE, this property provides excellent value for investors.Both homes are move-in ready, and the spacious lot offers ample room for further development, giving buyers the chance to increase the property's value even more. Whether you plan to rent all units or occupy one and rent the others, this property offers growth potential and versatility for savvy buyers. Priced to sell, and with easy access to local amenities, this property won't last long! Act now to schedule your viewing and seize this exceptional opportunity.
Courtesy: The Bay Brokerage Inc
510-821-1806
Courtesy: Real E-State
Exceptional Midtown Sacramento Investment Opportunity. This 5-unit complex is in the highly sought-after heart of Midtown. This landmark property in central location, away from freeway noise and overpass traffic. Along with leased five 1 bed/1 bath units, this property has converted 3-car garage storage/studio spaces, an 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. A must see.
Built in 1956, this 16-unit apartment building (The Arcade Apartments) is conveniently located just blocks away from interstate 80 and the Sacramento Light Rail System, which places residents in close proximity to many Neighborhood shopping conveniences: Starbucks Coffee, Haggin Oaks Golf Complex, Sacramento Softball Complex, Del Paso Park, and a Wallmart Supercenter. The owner has made many building improvements since 2015 including: a termite clearance in 2015; new boiler; plumbing upgrades; new front and rear exterior staircases; new front piers, posts and decking. Many units have been renovated, freshly painted, and have new appliances. The Arden Arcade apartments offers investors the opportunity to immediately increase several rents to market upon vacancy.
Courtesy: Real E-State
This is a classic Victorian fourplex with lots of old world charm that includes Douglas Fir hardwood floors, original pocket doors, original fireplace hearths, and much more. If you love this time period you will love this property. There are washer and dryers on each floor in a breezeway between the units which share the machines. There is a very quiet and inviting backyard for the residents to enjoy. Currently the property is brining in $6,320 a month in gross rents. There is definitely upside in these rents for the next owner to benefit from. None of the current tenants have received their annual rent increases since they have moved in.
The Victoria is a low rise 10-unit multifamily building located in the Mansion Flats neighborhood just less than half a mile North of the State Capitol, Downtown shopping, dining, employment and near UC Davis Medical Center and Midtown. The area has an urban/suburban vibe with mature tree lined streets and an easy walk to many shopping, dining and transit options, earning Walk Score of 90! The building has a mix of 8-Studios and 2-1 bedroom units and 7 car parking. Please do not disturb tenants. All units are occupied. NEW ROOF installed 7/2024 and mailboxes recently replaced.
Calling All Investors! Both units are rented. Front unit, 3410, has long term tenant and back unit, 3412, tenant has been in place over a year. New Roof in 2024. New Driveway in 2024. New Exterior Paint in 2024. Huge yard. Check with City and County regarding potential to add additional home(s) on the property. Great income potential. Below market rents. Close to shopping, schools, restaurants and easy highway 80 access.
Clean and renovated eight unit complex in North Oak Park near the Medical Center. These one bedroom units lease fast and there is a vacancy to show currently. The property was fully renovated and the units are well maintained.
Huge price reduction. Calling All Investors! Both units are rented. Front unit, 3410, has long term tenant and back unit, 3412, tenant has been in place nearly a year. New Roof. New Driveway. New exterior paint. Huge yard. Check with City and County regarding potential to add additional properties. Great income potential.
Huge price reduction. Investors, Owner Occupants, First Time Buyers. Hard to find 3 bedroom units. Live in one and rent the other. One unit is vacant and remodeled, other unit is rented. Exterior has New roof. New driveway. New paint. 3408 has new kitchen. New bath. New flooring. New paint. Great opportunity to get into multi family investments. Verify with City and County regarding potential for additional home(s), on the property. Huge yard.
This unique investment property can be purchased as it is or repurposed into high density residential as it is zoned RD-30.
Courtesy: Corcoran Icon Properties
Barbara Lynn Simmons, License CALBRE 637579, Xome Inc., License CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Copyright 2024 Bay Area Real Estate Information Services, Inc. All rights reserved. Copyright 2024 Bay Area Real Estate Information Services, Inc. All rights reserved. |
Sacramento is located in California. Sacramento, California has a population of 518,605. Sacramento is less family-centric than the surrounding county with 30.59% of the households containing married families with children. The county average for households married with children is 33.01%.
The median household income in Sacramento, California is $71,074. The median household income for the surrounding county is $76,422 compared to the national median of $69,021. The median age of people living in Sacramento is 35.2 years.
The average high temperature in July is 92.6 degrees, with an average low temperature in January of 39.1 degrees. The average rainfall is approximately 19.9 inches per year, with 0 inches of snow per year.
