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Peter Scott

scottrealtyconsultants@gmail.com +1(916) 606-7772

$1,095,000

Est. payment - /mo

4,365 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,365 sqft

Price per Sqft $250

MLS Listing ID 226088950

HOA Y/N No

Year Built 1923

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

2722-2730 T Street is a 5-unit apartment building located in the historic Newton Booth neighborhood in Midtown. The two-story property includes 4 one-bedroom units and 1 two-bedroom unit, each with their own address number and exterior front door off T Street. The units are efficient and spacious at an average size of 870 square feet, and feature original millwork and cabinetry, hardwood floors, and original architectural features. The partial but full-height basement includes shared laundry and additional free tenant storage. The property is located at the corner of 28th and T Streets, just two short blocks from the Sacramento Food Co-Op, Temple Coffee Roasters, and Bus80 on and off ramps. The average existing rent is $1,590 per month ($1.82 PSF), so a buyer can take advantage of attractive upside in the rents and instituting RUBS. Priced at $1,095,000 ($219,000 per door) which is a 5% cap rate based on actual income and expenses.

Location

State CA

County Sacramento

Area 10816

Direction Located at the corner of 28th and T Streets.

Rooms

Basement Partial

Interior

Heating Other

Cooling Window Unit(s)

Flooring Carpet, Wood

Laundry In Common Area

Exterior

Parking Features Street

Utilities Available Sewer Connected, Electric, Natural Gas Connected

Water Access Desc Public

View Other

Roof Type Shingle

Building

Lot Description Corner

Story 2

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Schools

Elementary Schools Sacramento Unified

Middle Schools Sacramento Unified

High Schools Sacramento Unified

School District Sacramento

Others

Senior Community No

Tax ID 010-0127-009-0000

Special Listing Condition None

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Listed by Ken Turton, Broker

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Peter Scott

+1(916) 606-7772

Broker | CA DRE#01472227

Broker CA DRE#01472227

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2722 T ST Sacramento, CA 95816

Peter Scott

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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