Prime Investment Opportunity in Midtown Sacramento: Triplex and Land with Development Potential Dual Offering: A Fully Leased Triplex Plus Residential Zoned Land for Development in Vibrant Midtown Sacramento Property Listing Details: Address: 2629 U St, Sacramento, CA 95818 Triplex Building Size: +/- 1,800 sq.ft (Fully leased: Three 1-Bedroom, 1-Bath Units, each 600 SF) Land Size: Triplex Lot: +/- 3,433 SF Adjacent Land Parcel: +/- 3,061 SF Property Zoning: R-3A-SPD - Sacramento County (MULTI-FAMILY RESIDENTIAL 36 UNITS/ACRE/ SPECIAL PLANNING DISTRICT) Current Occupancy: Triplex fully leased Parcel Numbers: Triplex: 010-0115-030-0000 Land: 010-0115-031-0000 Sales Price: Triplex: $817,000.00 ($273,000/unit) Land: $337,000.00 (Approved & Permitted for Duplex plus 2 ADUs - 4 units total) Financials: Average Household Income within 3 miles: $95,692.00 Location Highlights: Strategic Location: Heart of Midtown Sacramento offering immediate rental income and future development prospects. Premium Upgrades: Including new washers and dryers, modernized kitchens, efficient HVAC systems, and elegant hardwood flooring. Tenant Satisfaction: High living standards ensured by recent upgrades, promising long-term occupancy.
Property Type :
Residential
County :
Sacramento
Style :
Residential
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ByOwner last updated this listing 05/20/2024 @ 21:31
MLS: 224028045
LISTED BY: Chase Burke, ROME Real Estate Group, Inc.
SOURCE: MLS Metrolist
Buyer Agency Compensation: 2.5%
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.
