Active

1101 T Street

Sacramento CA, 95811

$2,660,000


Active

1 Bed

1 Bath

Multi-family

Built in 1948

1101 T Street is a mixed-use residential and retail building for sale in the Southside Park neighborhood. The property features seven (7) residential units and two (2) retail spaces spread across a 6,400 SF corner lot at 11th and T Streets. The units are comprised of six 1bed/1bath units and one 2bed/2bath units, all of which have been updated over the last three years to include new kitchens, bathrooms, paint, and flooring. The residential units are 100% leased at an average rent of $2.59 PSF, which is about $.25 PSF less than avg. rent for comparable units. The property also features 2 retail space leased by Signa Design Nursery and Betty Wine Bar & Bottle Shop, both of which have invested considerable money into their spaces and boast a loyal following of clients throughout the city. Betty is a wildly popular wine bar; their space features exposed brick, large truss beams, huge windows, and a beautiful outdoor patio that must be seen! Property is located 3 blocks from Southside Park and 6 blocks to the State Capitol, nestled on the corner of a beautiful tree-line street.

223089681

MLS ID

September 15, 2023

Listed

May 9, 2024

Updated

Map

1101 T Street
Sacramento CA, 95811

Interior Features

Total Stories

2


Bedrooms

1


Total Bathrooms

1


Full Bathrooms

1


Interior Features

Vinyl, Wood


Appliances

Dishwasher, Disposal


Floor Description

Vinyl, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Floor Furnace

Exterior/Building Features

Lot Size

0.15 Acres


Lot Features

Corner Lot


Sewer

Public Sewer

School Information

School District

Sacramento Unified

Other Property Details

Area Name

10811


Garage

No


View

No


County

Sacramento


Water Source

Public


Pool

No


Zoning

C-1-SPD


Buyer Agency Compensation

2%

Courtesy of Ken Turton, Broker, Jon Lang,
Listing Contact:  

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