514 B St - Apartments FOR SALE


West Sacramento, CA 95605
$485,000 USD
916-303-0133
514 B St, West Sacramento, CA for Sale
$485,000 USD
Apartments - FOR SALE
1/37
null | 6.84% Cap Rate

514 B St
West Sacramento, CA 95605


HIGHLIGHTS

  • 100% VACANT allowing for owner-occupant & market rents.
  • A few blocks from the A's (MLB) Sutter Health Baseball Stadium
  • Direct path of new development and minutes from downtown.
  • Minutes from major employers and commercial amenities.
  • Great unit mix with spacious floor plans.
  • Onsite driveway parking.

OVERVIEW

Excellent opportunity for Owner-Occupant Buyer to live in one unit and rent out the other. Recently updated interiors and painted exterior. 100% VACANT allowing for market rents or Owner-Occupant to live in one unit and collect income from the other unit Owner-Occupant or Investor Special! This is a rare opportunity to purchase a Duplex in the booming West Sacramento market just minutes from Sutter Health Baseball stadium and Downtown. The property has been under the same ownership for 10+ years! This has great potential for an owner - occupant to live in one unit and collect income by renting out the vacant unit. This duplex has a vacant upstairs 2B/1B unit approximately +/- 832 SF which has the potential to rent at market for $2,000 per month. The downstairs unit is a +/- 1,036 SF, 3B/1.5B unit which is vacant and is projected to lease for $2,400. The units are separately metered for electricity and gas paid for directly by the tenants. The owner pays for water, sewer, garbage, maintenance, and repairs. This Duplex is in the path of development just a few blocks from Sutter Health Baseball stadium, the I St. bridge which connects into the heart of Downtown Sac, and 5 th street which features extensive street improvements plus newer townhomes and apartments. The area features essential commercial amenities, breweries, restaurants plus nearby walking, running, and biking trails. Furthermore, the property is a few miles from the Baseball Stadium (Sutter Field) which is now home to the Major League Baseball Athletics for the next three years which will bring even more investment capital to the region plus housing will be in high demand for their staff & employees. West Sacramento has experienced tremendous growth which has rejuvenated the area. The region features major employers such as FED EX, Amazon, Raley ’s and is a few minutes from CalSTRs, Sutter Health Regional Hospital, and the State of CA offices, amongst many other employers.

FOR SALE DETAILS

PRICE

$485,000 USD

PRICE/SF

$253 USD /SF

# OF UNITS

2

PRICE/UNIT

$242,500

CAP RATE

6.84%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Renovated Duplex Great Location

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

R-3

APN/PARCEL ID

010-465-016-000

ASK ABOUT THIS PROPERTY

Adrian Del RioPCG CommercialMore Info
916-303-0133

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Adrian Del RioPCG CommercialMore Info
916-303-0133

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