Fully-occupied fourplex boasts spacious units, each featuring two bedrooms, one bath, and fireplaces. Long-term tenants contribute to consistent rental income. Many units have been upgraded with modern kitchens, bathrooms, and flooring. Convenient location near schools, parks, shopping, public transportation, light rail, and freeways offers easy access to Elk Grove and Downtown.
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.
$100,000 PRICE REDUCTION! 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.
Working on an Offer. But will take Backup offers! Large Front unit 3 br 1 ba. Rent $1900. Section 8, Contract will expires in March 2025. Back unit , little cottage type. 1 br 1 ba : Rented : $950. Now Vacant! No garage. Park on driveway and street parking Total sq ft is estimated. Buyer to verify. Owner pays all utilities. Over $50K spent on upgrades and repairs just finished. New wiring, New circuit breaker box, New sewer lines, new wall heater in back unit, New wire fence between units. etc. No Inspection done. Buyer orders their own Inspections. - owner is RE Broker. Do Not Disturb tenants. NO Showing. Offer subject to Inspection>
Exceptional Multi-Family Investment Prospect in the heart of Midtown Sacramento. Welcome to a unique opportunity with this 5-unit property, located in the vibrant and highly sought-after Midtown Sacramento. This property, with only two previous owners, is truly one-of-a-kind due to its prime location and exceptional amenities. Spread across a magical 0.44-acre lot, properties of this size are a rare find in Midtown. The property features R-3 (Residential) zoning and encompasses 19,200 sq ft (0.4408 acres). It includes five dwellings (Separate Addresses) and two garage buildings, with a total listed space of 4885 sq ft, though this may be understated. With no historical restrictions, you have the freedom to develop, construct, or remodel as you see fit. There are multiple development and investment options to consider. The City supports splitting the property into three separate parcels, each meeting the minimum zoning requirements of 160' x 40'. Single-family homes with 1200 sq ft ADUs are approved on each parcel. Alternatively, you can utilize the R-3 zoning and lot size to develop up to 16 units, with the city supporting a mix of apartments, condos, single-family residences, or multi-units. Addresses Include: 2017 10th St, 2021 10th St, 2029 10th St, 1003 U St, & 1007 U St.
This 10 unit multi-family property is a fantastic investment opportunity, boasting all 1 bedroom and 1 bathroom units. The property features off-street parking for convenience and is currently 100% occupied, providing a steady stream of income for the new owner. Various units have been recently upgraded, offering modern amenities and a fresh look for tenants. The property is surrounded by lush greenbelts, providing a peaceful and scenic environment for residents to enjoy. Conveniently located near shopping, freeways and public transportation, this property is in a prime location for tenants who need easy access to transportation options. Don't miss out on this income-producing property with great potential for growth and profitability!
Colliers is pleased to present Hurley North, an 18-unit multi-family apartment community in the Arden/Arcade submarket of Sacramento. Hurley North sits on a 0.7-acre parcel and consists of 12,804 square feet of living space. This community offers a desirable unit mix of twelve, one-bedroom/one-bathroom, four, two-bedroom/two-bathroom, and two, two-bedroom/one-bathroom units. The current owner has updated 15 of 18 units, completed all dry-rot repairs, and performed extensive work on all balconies. Interior remodels vary by unit, but all include new flooring, paint, and kitchen and bathroom touches. The laundry room was just extensively remodeled throughout, including brand new machines. The new owner will have the option to maintain the community pool or abandon and create a BBQ/seating area as well as additional tandem parking spaces.
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.
Don't miss out on this exceptional chance to own a highly profitable investment property. This parcel, adjoining another of the same size, offers almost 0.50 acre combined, perfect for generating a substantial return on investment. This parcel includes 3 units, already providing a steady income stream. Acquire the adjoining parcel, which also has 3 units, to double your income potential. Currently, 2 out of the 5 units (between both parcels) are occupied, ensuring immediate cash flow. Perfect for an investor ready to enhance and maximize cash flow with some improvements. This is an unparalleled opportunity for a savvy investor to transform these properties into a high-yielding asset. Bring your tool bag and create an amazing cash flow powerhouse. Schedule a viewing today to explore this fantastic investment opportunity.
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.
Welcome to 2673 21st Street, Sacramento, CA - a dynamic mixed-use property offering an exceptional blend of residential comfort and commercial convenience. This unique property features two 1bed/1bath residential units alongside a versatile retail space that's currently used as an art gallery, perfect for entrepreneurs and investors alike. Nestled in a vibrant neighborhood, its prime location provides easy access to the freeway and nearby shops, ensuring unparalleled convenience for residents and businesses alike. Immerse yourself in the bustling energy of Sacramento while enjoying the comfort of home and the potential for business success. Experience the best of both worlds at 2673 21st Street - where residential charm meets commercial opportunity.
Possible Seller financing - Zoned Residential - Office - Located in Downtown Sacramento, this iconic property offers a unique opportunity for a mixed-use development, blending historic charm with modern functionality. Known for its exceptional visibility, it features preserved architectural details like hardwood floor inlays, a former parlor, and an original fireplace, highlighting its rich history. Spanning four levels, including a versatile penthouse with dual access, the property offers flexibility for residential or office use. Notably, the main floor is ADA accessible, ensuring inclusivity and convenience for everyone. Each floor has independent entrances, allowing for a variety of configurations, from commercial enterprises to serene living spaces. The basement, with outdoor access and 8-foot ceilings, adds potential for further development. This building is a testament to Downtown Sacramento's architectural heritage, inviting innovation while preserving its original elegance. It's an ideal space for those looking to create a harmonious blend of work, life, and leisure in the heart of the city.
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.
Corcoran Icon Properties is pleased to present the opportunity to acquire 5641 53rd Street, Sacramento, Ca 95824. The property is located near the signalized section of Fruitridge road and Stockton Avenue. The Fourplex consists of approximately 2202 square feet on a 0.14 acre parcel. 5641 53rd Street has four units. The property features excellent visibility and is located in a dense residential area near Highway 80. Within close proximity, the Stockridge Plaza hosts a multitude of restaurants, and fine establishments suited for everyone. Nearby there are local parks and schools ranging from Elementary schools to High School's. Downtown Sacramento is about 18 minutes away from the property. This opportunity is perfect for all types of investors.
MOTIVATED SELLER! This is a development opportunity for a 13-unit apartment complex. The building is currently a shell and is an empty slate into some very solid earning potential!
The median home value in Sacramento, CA is $435,000. 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 $435,000. 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 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.