2523 P St - Apartments FOR SALE


Sacramento, CA 95816- Midtown Sacramento
$1,100,000 USD
916-789-3337
2523 P St, Sacramento, CA for Sale
$1,100,000 USD
Apartments - FOR SALE
1/11
null | 3.97% Cap Rate

2523 P St
Sacramento, CA 95816
Midtown Sacramento


HIGHLIGHTS

  • Private parking lot, walking distance to a number of restaurants and shops
  • Ideal location in Midtown, Sacramento
  • Located a few blocks from Capital City Freeway at P Street offramp

OVERVIEW

Fully leased multi-family investment opportunity. Possible ADU! Originally constructed in 1900, 2521-2523 P Street is a two-story, 2,769 SF home with several vintage exterior features and architectural touches. The building has four one-bedroom, one-bathroom apartment units with modern updates. A grand staircase leads up to the second-floor veranda at the front of the building. Each unit features multiple windows that let in plenty of natural light. The Property has a private parking lot along a back ally, and a large yard that would also allow for an Additional Dwelling Unit (ADU).

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$200 USD /SF

# OF UNITS

4

PRICE/UNIT

$275,000

CAP RATE

3.97%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2523 P Street

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

007-0264-016

ASK ABOUT THIS PROPERTY

Robb OsborneGallelli Real EstateMore Info
916-789-3337

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Robb OsborneGallelli Real EstateMore Info
916-789-3337

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