2620 T St Sacramento, CA 95816

Located in Sacramento’s Midtown submarket, this mixed-use investment property at 2620 T Street features six units. Constructed originally in 1890 and renovated extensively in 2019, with two newly constructed rear townhomes completed in 2020, the property combines historic character and modern design. The asset includes five residential units and one ground-floor retail suite, providing a diversified income stream. The retail tenant has 3% annual rent increases each January 1. The primary building underwent a comprehensive renovation in 2019, including remodeled kitchens and bathrooms, updated flooring, replacement of all appliances, new HVAC systems, and upgraded electrical panels. All residential units feature in-unit washer and dryer sets replaced in 2019. The building received a fresh exterior paint job within the last three years. The roof is approximately 10 years old. The two rear 2-bedroom/2-bathroom townhomes completed in 2020 include a private single-car garage. Situated on approximately 0.15 acres with 5,463 rentable square feet, the property combines renovated historic frontage with newly constructed residential units and stable retail income. The property is located in Sacramento’s Midtown/Downtown corridor, near Downtown Sacramento, the California State Capitol, UC Davis Medical Center, and Sutter Medical Center. The surrounding neighborhood offers a diverse mix of restaurants, cafés, retail boutiques, neighborhood parks, and entertainment venues. The property offers regional connectivity via Highway 50, Interstate 80, and Interstate 5.