Active
1508 E Street
Sacramento CA, 95814
$1,695,000
$370.09 per sqft
Active
10 Beds
6 Baths
4,580 sqft
Multi-family
Built in 1890
Excellent opportunity for an owner/user to acquire four units and leave one for themselves to occupy. The building is currently generating $10,655 a month in gross income. It is very rare to acquire two newly constructed townhomes and a remodeled duplex in a thriving location of Midtown Sacramento. The back building was built in 2022 and has (2) two bedroom/1.5 bathroom 1050 Square foot townhouse style units that is attached to a 3 car garage. Freestanding units like these sell for $850,000 each within the area. The Front building is a remodeled duplex. Both top and bottom units are 3bedroom/1bathroom 1,240 Square foot units that have been completely remodeled with laundry included. Largest fourplex available and currently a 5.54% cap rate on actuals.
224092975
MLSⓇ ID
August 21, 2024
Listed
November 22, 2024
Updated
Map
1508 E Street
Sacramento CA, 95814
Interior Features
Total Stories
2
Bedrooms
10
Total Bathrooms
6
Full Bathrooms
4
Half Bathrooms
2
Laundry Description
Laundry Closet
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.15 Acres
Lot Features
Other
Architectual Style
Other
Sewer
Public Sewer
School Information
School District
Sacramento Unified
Other Property Details
Garage
Yes
Garage Spaces
3
Parking
Garage, Other
Parking Total
4
View
No
County
Sacramento
Pool
No
Zoning
R-3A-SPD
Listing History
Date | Event | Price |
|---|---|---|
10/17/2024 | Price change | $1,695,000 -4% |
Courtesy of Collier's International CA, Inc., Matthew Sarro,
Listing Contact:
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