Located at 1106 G Street, Sacramento, CA, this stunning fourplex is a prime investment in the heart of Midtown Sacramento. Built in 1880/1986, the property is situated in the historic Mansion Flats neighborhood and features two 2-bedroom/2-bath units and two studio units, with three units thoughtfully remodeled with modern finishes. Three of the units are high-performing short-term rentals, offered fully furnished and included in the sale, generating an impressive monthly income of $10,875 with a 7.18% cap rate based on actuals.
The building boasts a charming Victorian exterior with intricate details, complemented by private gated entry and a brick-paved courtyard. Its proximity to Golden 1 Center, Downtown Commons (DOCO), City Plaza Park, and an abundance of dining, shopping, and entertainment options makes it an attractive choice for both professionals and tourists. Residents and guests benefit from easy access to major employers, government offices, cultural landmarks, and convenient public transportation.
The property features updated interiors with modern kitchens that include white cabinets, quartz countertops, subway tile backsplashes, recessed lighting, and stainless-steel appliances such as refrigerators, microwaves, dishwashers, and electric stoves. The open living areas have durable laminate or hardwood flooring, large windows for natural light, and simple, functional lighting. Bedrooms are spacious and can fit king or queen-sized beds, while bathrooms are upgraded with new vanities, countertops, and clean tile finishes, including walk-in showers and tub-shower combos with modern fixtures. Each unit includes on-site laundry access, and some have private decks or patios. The building is equipped with central heat and air systems and a sprinkler system for safety. This opportunity includes stylish living room furniture, cozy beds, modern dining sets, and thoughtfully curated decor, making it a turnkey solution for rental success.