Sacramento, CA 95816 2711 I Street
$1,600,000
Pending
20 more
Presented By: Denise Cook with Century 21 Masters;
SQFT • 3,852
Home Details
Exceptional Midtown Sacramento Investment Opportunity. Annual Income $114,400; Cap Rate 4.2%, GRM 7.2. A 5-unit complex in a highly sought-after area - Midtown Sacramento. This landmark property is in central location, away from freeway noise and overpass traffic. Along with leased five 1 bed/1 bath units the property has a converted 3-car garage storage/studio spaces, potential opportunity for extra income. Exterior recently painted and units updated dual pane windows, tankless water heaters, new fixtures and paint. Beautiful fountain in front and serene pond in back. Very maintained property, prior owner was on site landlord. A must see.
Presented By: Denise Cook with Century 21 Masters;
Interior Features for 2711 I Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Common Walls1 Common Wall
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommon Area, Inside
Total Stories2
Window FeaturesDouble Pane Windows
Other Rooms
Entry Level1
General for 2711 I Street
AppliancesDishwasher, Gas Cooking, Disposal, Refrigerator, Tankless Water Heater
Architectural StyleVictorian
Building Area UnitsSquare Feet
Cap Rate4.2
Carport Spaces
CitySacramento
Community FeaturesStorm Drain(s), Street Lights, Sidewalks, Park
CoolingCentral Air
CountySacramento
DirectionsCA 99 to H Street, Take Exit 7B to I street
Electric Expense3500
Entry Location1
Expected Active Date 2024-10-10
Fuel Expense3000
Garage Spaces
Garage Y/NNo
Gross Income114400
HOANo
HOA Fee$
Insurance Expense6600
Land Lease Y/NNo
Listing TermsCash, Conventional, 1031 Exchange
Lot Size Square Feet6534
Lot Size UnitsSquare Feet
MLS AreaSCTO - Sacramento
Net Operating Income77600
New ConstructionNo
Number Of Units Total5
Number of Units Leased5
Open Parking Spaces0
Operating Expense36800
Other StructuresStorage
Pool FeaturesNone
PostalCitySACRAMENTO
Property Attached Y/NYes
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsTrust
Standard StatusPending
StatusPending
Taxes$16,600
Total Actual Rent114400
Trash Expense3000
Virtual TourClick here
Water Sewer Expense3000
Year Built1920
Year Built SourceAssessor
ZoningR-3A-SPD
Exterior for 2711 I Street
Building Area Total3852
Lot FeaturesFront Yard, Garden, Landscaped, Near Park, Near Public Transit
Lot Size Acres0.15
Lot Size Area6534
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking0
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Josh Russell
Realtor®