Looking for a smart investment opportunity in Sacramento, CA? Look no further than this residential and commercial property for sale! With nearly 1 acre of prime land (0.98 AC) and 10 multifamily apartments plus 2 commercial units, this property offers a perfect balance of rental income and new project development potential for developers and investors alike. The apartment buildings are split into two structures. Building 1 includes units 1-6, which are 780 square feet with 2 bedrooms and 1 bathroom each. Building 2 includes units 7-10, which are 580 square feet with 1 bedroom and 1 bathroom each. In addition to the multifamily apartments, the property features a 3,300-square-foot commercial space in Building 3 with 2 tenants. This property offers an excellent location in Sacramento and a spacious lot for future development. And with the ability to earn rental income while navigating permits for new projects, the opportunity is knocking! Don't wait - act now to take advantage of this investment opportunity.
BB23217055
Mixed Use, Business Opportunities, 2 Story
Sacramento
0.981
Acres
Public
2
10,401
Sq. Ft.
Detailed Room Information
- Laundry
- Laundry Room
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces.
- Additional Exterior/Lot Features
- Corner Lot,Lot Over 40000 Sqft.
Financial Considerations
04900210060000
Cash, Cash to New Loan
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