Property Detail

Description

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.