2711 I StSacramento, CA 95816

This remarkable investment opportunity presents a unique property located in the desirable Midtown Sacramento area at 2711 I Street, Sacramento, CA 95816. Priced at $1,650,000, this special purpose property combines land and existing structures, offering significant potential for future development or continued income generation. The property boasts a central location, conveniently situated away from the noise and congestion of freeway traffic. Currently featuring fully updated one-bedroom, one-bathroom units, the property also includes three converted garage spaces in the alley, providing additional income streams as studio units. Recent improvements include exterior repainting, upgraded units with dual-pane windows, tankless water heaters, new fixtures, and fresh paint throughout. Aesthetically pleasing landscaping enhances the property's appeal, featuring a beautiful fountain in the front and a serene pond in the rear. This property is a truly exceptional offering, combining prime location, updated units, and additional income potential in a highly sought-after Sacramento neighborhood. The property's central location and recent upgrades make it an ideal investment for those seeking a strong return on investment in a thriving urban setting. This is a must-see property for discerning investors.