$1,050,000
For Sale

2701 Capitol Avenue

Sacramento, CA 95816
Browse 13 photos
Type:Multi-Family
Structure:Unit
Zone:Residential

Description

1416 22nd Street is a 5 unit asset in the heart of Midtown Sacramento, built in 1910. The property features a mix of Studios and 1 bedroom units that attract professional tenants who prefer to live a minimalist lifestyle in the heart of the Grid. Tenants are attracted to the premier location and walkability to surrounding amenities that this location offers. 1416 22nd Street is short walking distance to some of Sacramento's most popular restaurants, boutique retail, and nightlife. It is also centrally located to some of the City's most major employers such as Sutter General Hospital, The State Capitol, and the Central Business District. The next investor will capture the upside of this property by focusing on interior upgrades such as new kitchen appliances, new finishes in the bathrooms, all while maintaining the charm the exterior emulates.

  • Property Details
      • Utility SourceWater District, Meter on Site
      • Parking FeaturesOff Street, Street
      • Property Subtype5 or More Units
      • Cooling FeaturesWall Unit(s)
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • ZoningResidential
      • CountySacramento
      • MLS #225008145
      • MLS #225008145
      • Lot DescriptionSidewalk
      • Cost1050000
      • FoundationRaised
      • Square Feet2746
      • Year Built1910
      • Utility FeaturesCity
      • Stories2
      • Parking Spaces2

Location

Debra DurbinReal Estate Group

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Interest Rate

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6.0%

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2.6%
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