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5650 Broadway

Sacramento, CA 95820
  • $2,375,000
  • STATUS: Active
  • ON SITE: 91 Days
  • MLS #: 224004384
$2,375,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1934
County:

School Information

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

Description

5650 Broadway is a 3-parcel "value-add'' development opportunity located in the Tahoe Park neighborhood of Sacramento. The Property currently features 3 residential units including a single-family residence on Broadway and a single-story duplex located behind the SRF, all of which are virtually new due after extensive renovations in 2023 sparing no detail and addressing all big ticket'' items such as roof, HVAC, plumbing, electrical, stucco, paint, kitchens, bathrooms, flooring, and lighting. The three existing units are currently rented for a total of $8,450 per month gross. The Property also represents significant upside in the underutilized land over its three contiguous parcels totaling .60 acres. Existing preliminary architectural plans map the construction of eight additional units including one duplex (2 units) and 6 accessory dwelling units measuring 599 square feet to streamline the development process and minimize development fees for the project. The Property sits less than a mile from existing UC Davis medical facilities and Aggie Square, the state-of-the-art research and innovation center that is currently under construction. The project will bring thousands of highly-paid professionals to the neighborhood, many of which will seek well-located & upscale unit.

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Metrolist MLS logo © 2024 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 2024-04-03T23:40:39.397. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.themacdonaldgroup.com/homes/146755476
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5650 Broadway Sacramento, CA 95820

  • Price: $2,375,000
  • Status: Active
  • On Site: 91 Days
  • MLS #: 224004384
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1934
Built
Neighborhood:
Sacramento Elder Creek/Fruitridg
County:
Sacramento
Area:
Sacramento Elder Creek/Fruitridg
Elementary School:
Sacramento Unified
Middle School:
Sacramento Unified
High School:
Sacramento Unified
School District:
Sacramento
Property Description
5650 Broadway is a 3-parcel "value-add'' development opportunity located in the Tahoe Park neighborhood of Sacramento. The Property currently features 3 residential units including a single-family residence on Broadway and a single-story duplex located behind the SRF, all of which are virtually new due after extensive renovations in 2023 sparing no detail and addressing all big ticket'' items such as roof, HVAC, plumbing, electrical, stucco, paint, kitchens, bathrooms, flooring, and lighting. The three existing units are currently rented for a total of $8,450 per month gross. The Property also represents significant upside in the underutilized land over its three contiguous parcels totaling .60 acres. Existing preliminary architectural plans map the construction of eight additional units including one duplex (2 units) and 6 accessory dwelling units measuring 599 square feet to streamline the development process and minimize development fees for the project. The Property sits less than a mile from existing UC Davis medical facilities and Aggie Square, the state-of-the-art research and innovation center that is currently under construction. The project will bring thousands of highly-paid professionals to the neighborhood, many of which will seek well-located & upscale unit.
Exterior Features

Carport Spaces 0 Construction Materials StuccoWood Covered Spaces 0 Foundation Concrete Independent Parking Spaces 0 Lot Features PrivateSecluded Num Of Floors 2 Num Of Guest Spaces 0 Open Parking Spaces 11 Parking Features OpenOther Tandem Parking Spaces 0 Total Parking Spaces 11

Interior Features

Cooling Central Flooring Vinyl Heating Central Laundry Features Other Num Of Rooms 0 Num Of Studio Units 0 Num Of1 Bedroom Units 0 Num Of2 Bedroom Units 2 Num Of3 Bedroom Units 1 Num Of4 Bedroom Units 0 Unit1 Approx Sq Ft 0 Unit1 Bedrooms 0 Unit1 Full Baths 0 Unit1 Partial Baths 0 Unit1 Rent 0 Unit1 Rooms 0 Unit2 Approx Sq Ft 0 Unit2 Bedrooms 0 Unit2 Full Baths 0 Unit2 Partial Baths 0 Unit2 Rent 0 Unit2 Rooms 0 Unit3 Approx Sq Ft 0 Unit3 Bedrooms 0 Unit3 Full Baths 0 Unit3 Partial Baths 0 Unit3 Rent 0 Unit3 Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Bedrooms 0 Unit4 Full Baths 0 Unit4 Partial Baths 0 Unit4 Rent 0 Unit4 Rooms 0

Property Features

1 Bedroom Annual Occupancy 0 2 Bedroom Annual Occupancy 0 3 Bedroom Annual Occupancy 0 4 Bedroom Annual Occupancy 0 Association False Association Fee 0 Elevation 0 Income Includes Rent Only Irrigation Other Lease Deposit 0 Num Of Commercial Units 0 Property Subtype 5 or More Units Property Type ResidentialIncome Sewer Public Sewer Special Listing Conditions None Studio Annual Occupancy 0 Subtype Description Garden Apartments Utilities Natural Gas ConnectedElectric Water Source Public Zoning R-1-Single Family Residential

Metrolist MLS logo Listing provided courtesy of Ken Turton, Broker: . Listing information © 2024 MetroList Services, Inc.


Metrolist MLS logo © 2024 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 2024-04-03T23:40:39.397. 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