Exceptional owner-user opportunity in the highly sought-after Boulevard Park neighborhood! This property features two spacious townhomes, each offering 3 bedrooms and 2 bathrooms across approximately 1,700 square feet. Ideally situated at the corner of 19th and H Street, you'll be within walking distance to charming coffee shops, restaurants, and the midtown farmers market. Both units boast hardwood floors, cozy fireplaces, and central heating and air conditioning. One of the townhomes has been partially remodeled, showcasing an updated kitchen, and will be available for occupancy in February 2025. The other unit is currently on a month-to-month lease, presenting a fantastic chance to live in one unit while earning market-level rent from the other. Take advantage of the new policy allowing a 5% down payment for owner-occupied multifamily homes. Don't miss this prime real estate opportunity!
Here's your chance to own this beautifully renovated Midtown Victorian duplex! This is a rare find! In 2016, the duplex was completely modernized with 75% new framing, a new roof, new electrical wiring and fixtures, new plumbing and plumbing fixtures, new windows, new HVAC systems, tankless water heaters, new appliances, granite countertops, new kitchen cabinets, new bathrooms, and new flooring throughout. The location couldn't be better. It's near the R Street Corridor, close to Safeway, other shopping, restaurants including Michelin-starred Localis, cafes, and public transportation. It's zoned RMX-SP, making it ideal for small businesses. Each unit has two bedrooms and two full baths and is expected to rent for approximately $2, 800 per month, providing over $65, 000 in annual rental income. You may choose to live in one unit and rent out the other, helping you pay off your mortgage. Don't miss this amazing investment opportunity!
4 plex was rehab in 2017 and 2018 Welcome to your next investment opportunity! Nestled in a prime location in the Heart of Midtown Sacramento, this impeccably remodeled multi-family building offers the perfect blend of modern comfort and timeless charm. Boasting four units in total, including two spacious two-bedroom, one-bath residences and two cozy one-bedroom, one-bath units, this property is primed for versatility. Whether you're seeking rental income or a multi-generational living solution, this property has you covered. Step inside to discover a seamless fusion of contemporary design and functionality. Each unit has been thoughtfully updated with brand new fixtures, appliances, plumbing, electrical, and finishes throughout, ensuring a turnkey living experience for tenants and minimal maintenance for owners. The layouts invite natural light to flow effortlessly, creating bright and inviting spaces to relax and entertain. Modern kitchens equipped with stainless steel appliances and ample cabinetry make cooking a joy, while well-appointed bathrooms provide a spa-like retreat after a long day. Outside, a private backyard offers a serene oasis for residents to unwind or enjoy alfresco dining. With plenty of off-street parking available, convenience is key for tenants.
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.
515 21st Street is located in Boulevard Park - a quiet and historic neighborhood in Midtown Sacramento esteemed for its original craftsman and colonial homes, spectacular tree canopy, and easy walking and biking distance to dozens of cafes, grocers, employers, bars, and venues. This property features a total building area of approximately 4,161 square feet, comprising a two-story building with 17 dorm-style studios, two shared kitchens, three shared bathrooms and one bathroom in the managers unit, and one shared laundry room. It also offers six covered parking stalls, in addition to abundant street parking. The building has undergone recent renovations, boasting modern interior and exterior finishes that enhance its appeal. Positioned as the most affordable housing option in Midtown, it promises reliable cash flow when fully leased with a Proforma Net Operating Income of $141,915. The location is highly desirable, within walking and biking distance to a variety of popular Midtown amenities. These include La Costa Cafe, New Roma Bakery, Target, Bonfare Market, Ace Hardware, The Mill Coffee, At Ease Brewing, among others, as well as several accessible bus stops, making it an attractive choice for tenants seeking convenience and affordability in a vibrant community.
The property brings in $7,250/month yielding a 5.36% cap rate based on actuals. PRICE REDUCED! Remodeled fourplex with an EXCELLENT UNIT MIX in the heart of Midtown Sacramento! The property consists of 1-bedroom/1-bathroom unit (700 square feet), 2-bedroom/1-bathroom unit (800 square feet), 2-bedroom/2-bathroom unit (700 square feet), and 3-bedroom/2-bathroom unit (1,000 square feet). Updated plumbing and electrical systems, central heat/air, hardwood /laminate floors, tile countertops, freshly painted kitchen cabinets, vintage wooden windows, recessed ceiling lighting, in-unit washer/dryers, and ceiling fans.
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. 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. THERE ARE TWO VACANT UNITS so could be perfect for owner occupied or an investor who wants to make some immediate updates to the interiors in order to increase the rent potential.
PRICE REDUCED TO SELL! 6-unit building grossing $10,900 a month in income. Each unit is very spacious with Dishwashers and in unit washer/dryers located in the heart of Midtown Sacramento! The property consists of (3) Spacious 1-bedroom/1-bathroom units (1,000 square feet each), and (3) Spacious 2-bedroom/2-bathroom units (1,000 square feet each). Updated plumbing and electrical systems, Central heat/air, hardwood /laminate floors, tile countertops, freshly painted kitchen cabinets, vintage wooden windows, recessed ceiling lighting, in-unit washer/dryers, and ceiling fans. Yielding a 7.03% cap rate based on actuals.
The median home value in Sacramento, CA is $427,200. This is lower than the county median home value of $489,000. The national median home value is $338,100. The average price of homes sold in Sacramento, CA is $427,200. Approximately 47.71% of Sacramento homes are owned, compared to 47.44% rented, while 4.86% are vacant. Sacramento real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sacramento real estate agent to arrange a tour today!
Sacramento, California 95811 has a population of 518,605. Sacramento 95811 is less family-centric than the surrounding county with 26.13% 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 95811 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 95811 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.