
3,045
Sq. Ft.

0.412
Acre Lot

Great stand-alone building with onsite parking. Property was built as a 6-suite office building. Each unit has its own SMUD meter and its own HVAC system. County will allow it to be converted into a 6-plex residential apartment (six 1-bedroom 1-bath apartment). Great upside potential here. Market rent for 1-bedroom 1-bath fully renovated apartments in the area is between $1,400 and $1,600 per month. It will take less than $40K per unit to convert this property to residential use. Its market value fully rented at $9,000 gross rent per month is between $1,050,000 and 1,095,000. If you are an investor looking for a great deal, wait no more! Hurry! It will not last!
223001181
Commercial - Office, Other
1982
Sacramento
0.412
Acres
Stone, Frame, Stucco
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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Courtesy: George Popescu, Town & Country R. E. Brokers
Agent License: 01222747
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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2021 MetroList Services, Inc. Based on information from MetroList Services, Inc. IDX provided by Constellation Web Solutions. |