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    2218 10th Street

    Sacramento, CA 95818
    • $2,600,000
    • STATUS: Active
    • ON SITE: 70 days
    • MLS #: 20039225
    $2,600,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    This well maintained 8 unit apartment complex is located in the Oppurtinity Zone of Downtown Sacramento and within walking distance to Southside Park. A very substantial increase in value & Income can be realized by devloping the vacant lot at the back. Conceptual drawings for future development are attached. 7 units are fully rented,there is 1000SqFt of unfinished space in front of the building that can be fixed to add income. Property is zoned C-2 so it can be used as office,retail or an additional unit. Downtown Sacramento continues to be one of the strongest rental markets in the nation. The major value is in developing the back which is part of the oppurtunity zone that has great tax incentives. Please verify info.

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    © 2020 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2020-09-25T23:38:33.5. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.themacdonaldgroup.com/homes/107988138
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    2218 10th Street Sacramento, CA 95818

    • Price: $2,600,000
    • Status: Active
    • MLS #: 20039225
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    1900
    Built
    Neighborhood:
    Sacramento Land Park/Curtis Park
    County:
    Sacramento
    Area:
    Sacramento Land Park/Curtis Park
    Elementary School:
    Sacramento Unified
    Middle School:
    Sacramento Unified
    High School:
    Sacramento Unified
    School District:
    Sacramento
    Property Description
    This well maintained 8 unit apartment complex is located in the Oppurtinity Zone of Downtown Sacramento and within walking distance to Southside Park. A very substantial increase in value & Income can be realized by devloping the vacant lot at the back. Conceptual drawings for future development are attached. 7 units are fully rented,there is 1000SqFt of unfinished space in front of the building that can be fixed to add income. Property is zoned C-2 so it can be used as office,retail or an additional unit. Downtown Sacramento continues to be one of the strongest rental markets in the nation. The major value is in developing the back which is part of the oppurtunity zone that has great tax incentives. Please verify info.
    Exterior Features

    Approx Elevation 0 Construction Wood Covered Parking Spaces 0 Exterior Stucco Parking Street Roof Flat/Low Pitch Stories 3 Uncovered Parking Spaces 0

    Interior Features

    Air Varies By Unit Equipment Varies By Unit Floor Coverings Varies By Unit Furnished None Heat Varies By Unit Kitchen Appliances Varies By Unit Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Sq Ft 1200 Unit2 Bedrooms 1 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Sq Ft 700 Unit3 Bedrooms 1 Unit3 Full Baths 1 Unit3 Half Baths 0 Unit3 Sq Ft 600 Unit4 Bedrooms 1 Unit4 Full Baths 1 Unit4 Half Baths 1 Unit4 Sq Ft 1000

    Property Features

    1 Bedroom Units 5 2 Bedroom Units 2 3 Bedroom Units 0 Amenities Patios/BalconyVaries By Unit CCRs No Cross Street Address W Street Energy Features Dual Pane FullVaries By Unit HOA No Hoa Dues 0 Individual Units 8 Multifamily Type 5 Or More Units Special Listing Condition None Studio Units 0 Tenant Pays ElectricGas/PropaneInsurance Total Leasable 7 Unit1 Rent 1400 Unit2 Rent 1200 Unit3 Rent 1100 Unit4 Rent 1350 Year Remodeled 0 Zoning Mixed

    Listing provided courtesy of California Regency Realty. Listing information © 2020 MetroList Services, Inc.


    © 2020 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2020-09-25T23:38:33.5. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
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    The MacDonald Group at PMZ Real Estate
    1200 E. Orangeburg Ave Suite #202
    Modesto CA, 95350