2711 I St Sacramento, CA 95816
Property Features for 2711 I St
General Information
- Lot size
- 0.15 Acres
Building Details
- Year built
- 1920
Source:
Elliman
Listing 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.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.469482
- Latitude
- 38.575472
Nearby Similar for Sale
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.