1101 T Street is a mixed-use residential and retail building for sale in the Southside Park neighborhood. The property features seven (7) residential units and two (2) retail spaces spread across a 6,400 SF corner lot at 11th and T Streets. The units are comprised of six 1bed/1bath units and one 2bed/2bath units, all of which have been updated over the last three years to include new kitchens, bathrooms, paint, and flooring. The residential units are 100% leased at an average rent of $2.59 PSF, which is about $.25 PSF less than avg. rent for comparable units. The property also features 2 retail space leased by Signa Design Nursery and Betty Wine Bar & Bottle Shop, both of which have invested considerable money into their spaces and boast a loyal following of clients throughout the city. Betty is a wildly popular wine bar; their space features exposed brick, large truss beams, huge windows, and a beautiful outdoor patio that must be seen! Property is located 3 blocks from Southside Park and 6 blocks to the State Capitol, nestled on the corner of a beautiful tree-line street.
Property Type :
ResidentialIncome
County :
Sacramento
Style :
ResidentialIncome
Sell a home like this and save $159,101 Find Out How
ByOwner last updated this listing 05/09/2024 @ 21:48
MLS: 223089681
LISTED BY: Jon Lang, Ken Turton, Broker
SOURCE: MLS Metrolist
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
