1905 10th St - Apartments FOR SALE


Sacramento, CA 95811- Southside Park
$899,999 USD
916-288-4522
1905 10th St, Sacramento, CA for Sale
$899,999 USD
Apartments - FOR SALE
1/15
null | 6% Cap Rate

1905 10th St
Sacramento, CA 95811
Southside Park


HIGHLIGHTS

  • Current monthly gross scheduled rents total $6,550.00
  • Immediate income upside as two of the tenants have not had rent increases since they moved in
  • Located in the Southside Park neighborhood, just a little over a 10 minute walk to Downtown Sacramento and the Golden 1 Center
  • A six minute drive takes you to Sutter Health Park, home of the Sacramento River Cats
  • This beautiful Victorian fourplex is full of old-world charm from original pocket doors to old growth Douglas fir hardwood floors

OVERVIEW

********PRICE REDUCTION******** This beautiful Victorian fourplex is full of old-world charm from original pocket doors to old growth Douglas fir hardwood floors. The small backyard is very warm and inviting with three attractive murals on the neighboring wall. Property comprises 3 x 1/1 units and 1 x 2/1 unit, with each unit sharing a centralized washer and dryer set with the unit across the hall. Pro Forma cap rate 6.0%. Current monthly gross scheduled rents total $6,550.00. Immediate income upside as tenants in two of the units have not had rent increases since they moved in. Located in the Southside Park neighborhood, just a little over a 10 minute walk to Downtown Sacramento and the Golden 1 Center. All site visits to be coordinated with the listing agent. Property is fully occupied and Ownership does not wish to disturb tenants. Any interior viewings will only be permitted once the property is under contract.

FOR SALE DETAILS

PRICE

$899,999 USD

PRICE/SF

$291 USD /SF

# OF UNITS

4

PRICE/UNIT

$225,000

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,442 SF

ZONING

R-3A-SPD

APN/PARCEL ID

009-0074-003

ASK ABOUT THIS PROPERTY

Michael MathiosCushman & WakefieldMore Info
916-288-4522

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Michael MathiosCushman & WakefieldMore Info
916-288-4522

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.