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2711 I St Sacramento, CA 95816

For Sale
$1,600,000

Five-unit complex in Midtown Sacramento with income potential.

Lot size:
0.15 Acres

Property Features for 2711 I St

General Information

Lot size
0.15 Acres

Building Details

Year built
1920

Source: Century 21 Masters Agent Denise Cook

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Midtown Sacramento Multifamily Investment

This five-unit complex is located in Midtown Sacramento. The property generates an annual income of $114,400, with a cap rate of 4.2% and a GRM of 7.2. The property includes five 1-bed/1-bath units. A converted 3-car garage offers potential for additional income as storage or studio spaces. The exterior has been recently painted, and the units feature updated dual-pane windows, tankless water heaters, new fixtures, and paint. The property includes a fountain in the front and a pond in the back. The prior owner was an on-site landlord and maintained the property.
Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Sacramento
County
Sacramento
State
California
Longitude
-121.469482
Latitude
38.575472

FAQs

What type of property is this?
Apartment building - Five-unit complex in Midtown Sacramento with income potential.
Where is this apartment building located?
The property is located at 2711 I St Sacramento, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: - High annual income ($114,400) and strong investment metrics (4.2% cap rate, 7.2 GRM).; - Prime Midtown Sacramento location.; - Five 1 bed/1 bath units.
More about this property
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