508 16th St, Sacramento, CA 95814
Updated Victorian duplex with C-2 zoning, indoor laundry, and garden space on a deep lot.
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The property is zoned C-2 and is currently being used as a duplex, with commercial zoning that may allow for other commercial uses, including office space. The rear of the duplex offers garden space that occupies the deep lot, and parking spaces are available at the front behind stylish fencing.
Current rents are stated as $2,350 for one unit and $2,000 for the other, for total gross income potential of $52,200. Co-marketed with Russell R Enyard and Vanessa J Burton via eXp Realty of California, Inc.
Key Highlights
- Updated Victorian duplex currently used as a duplex with C‑2 zoning
- Rented income: $2,350/month and $2,000/month for total gross income potential of $52,200
- Total gross income potential supports a current GRM of 14.84 (per provided assumptions)
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Vacancy Rate% for Multifamily in West region