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Sacramento, CA, 95818 • Southside Park • Sacramento County
$285/sqft
9Beds
1Baths
7,634Sqft
0.23 acLot
1900Built
Character Home
Built 1900 · 126 years of history
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Listed 349 days ago · 303 views · 7 saves
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349 days on market
Established listing
$285/sqft
Price per square foot
Multi Family · Built 1900 · Historic
Potential Development Opportunity in Downtown Sacramento! Conceptual drawings for future development are available. This well-maintained 7-unit apartment complex is situated in the heart of Downtown Sacramento's Opportunity Zone, just a short walk from Southside Park and Capitol Park. The unit mix includes: 2 units: 2-bedroom, 1-bath 5 units: 1-bedroom, 1-bath ~ Additionally, there is approximately 1,000 SF of unfinished street-level space offering excellent potential for conversion into a studio, retail, or office space creating an opportunity for additional income. Downtown Sacramento remains one of the strongest rental markets in the country. This investment offers significant upside through increased rental income and the potential for future development, enhanced by incentives available through the City's Opportunity Zone program. Investors may benefit from federal tax advantages and other incentives.
Based on current rates
Est. 6.35% rate · 30yr fixed · $1,743,200 loan
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3 schools rated nearby
Sacramento, CA, 95818
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Sacramento, CA • Sacramento County
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