Sacramento, CA 95816 2711 I Street
$1,600,000
20 more
Presented By: Denise Cook with Century 21 Masters;
SQFT • 3,852
Year Built • 1920
Home Details
Exceptional Midtown Sacramento Investment Opportunity. Annual Income $114,400; Cap Rate 4.2%, GRM 7.2. A 5-unit complex in a highly sought-after area - Midtown Sacramento. This landmark property is in central location, away from freeway noise and overpass traffic. Along with leased five 1 bed/1 bath units the property has a converted 3-car garage storage/studio spaces, potential opportunity for extra income. Exterior recently painted and units updated dual pane windows, tankless water heaters, new fixtures and paint. Beautiful fountain in front and serene pond in back. Very maintained property, prior owner was on site landlord. A must see.
Presented By: Denise Cook with Century 21 Masters;
Interior Features for 2711 I Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea, Inside
Total Stories2
Window FeaturesDoublePaneWindows
Other Rooms
Entry Level1
General for 2711 I Street
Additional Parcels Y/NNo
AppliancesDishwasher, GasCooking, Disposal, Refrigerator, TanklessWaterHeater
Architectural StyleVictorian
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.2
Carport Spaces0.0
Carport Y/NNo
CitySacramento
Community FeaturesStormDrains, StreetLights, Sidewalks, Park
CoolingCentralAir
CountySacramento
DirectionsCA 99 to H Street, Take Exit 7B to I street
Electric Expense3500.0
Electric On Property Y/NNo
Entry Location1
Expected Active Date 2024-10-10
Fuel Expense3000.0
Garage Spaces0.0
Garage Y/NNo
Gross Income114400.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense6600.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional, Exchange1031
Lot Size Square Feet6534.0
Lot Size UnitsSquareFeet
MLS AreaSCTO - Sacramento
MobileHomeRemainsYNNo
Net Operating Income77600.0
New ConstructionNo
Number Of Units Total5
Number of Units Leased5
Open Parking Spaces0.0
Operating Expense36800.0
Other StructuresStorage
Pool FeaturesNone
Property Attached Y/NYes
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Taxes$16,600
Total Actual Rent114400.0
Trash Expense3000.0
Virtual TourClick here
Water Sewer Expense3000.0
Waterfront Y/NNo
Year Built1920
Year Built SourceAssessor
ZoningR-3A-SPD
Exterior for 2711 I Street
Building Area Total3852.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesFrontYard, Garden, Landscaped, NearPark, NearPublicTransit
Lot Size Acres0.15
Lot Size Area6534.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Additional Details
Price History
Alexandra Eston
Sales Associate
Price
$1,600,000
MLS#NDP2408879
List Date
10/03/2024
Property Type
Multi-Family
Phone
(562) 537-4182
