$1,820,000
For Sale

1722 V STREET

Sacramento, CA 95818
4825 sqft | 0.15 acres | #224091741
Type:Multi-Family
Structure:Unit
Zone:Residential

Description

This exceptional 8-unit apartment building, nestled in the coveted Richmond Grove neighborhood of Sacramento, presents a unique opportunity for investors seeking a stable, income-generating asset. Under the careful stewardship of the same family for over 50 years, this property has consistently maintained high occupancy rates and reliable rental income. This fully occupied, turnkey property offers immediate cash flow and minimal management requirements. Situated in the desirable Richmond Grove neighborhood, it benefits from easy access to shopping, dining, entertainment, transportation, healthcare and major employers. The high demand for rental housing in the Midtown Sacramento area supports strong rental income and long-term stability. Investment highlights include potential for long-term appreciation & rental upside. Improvements include tankless water heaters, a repaved parking lot, a new roof, a fresh coat of paint, upgraded electrical subpanels, partially upgraded plumbing system to copper & dual-pane windows. Seller will consider carrying a first position note subject to approval and terms to be negotiated. This is an opportunity to acquire prime real estate in one of Sacramento's most sought after locales.

  • Property Details
      • AppliancesFree Standing Refrigerator, Dishwasher, Free Standing Electric Range
      • Parking FeaturesAttached, Off Street, Open, Street
      • Utility FeaturesNatural Gas Connected, City, Electric
      • Cooling FeaturesCeiling Fan(s), Window Unit(s)
      • FoundationConcrete Perimeter
      • Lot DescriptionLandscape Front
      • Property Subtype5 or More Units
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • RoofComposition
      • CountySacramento
      • MLS #224091741
      • MLS #224091741
      • Cost1820000
      • Parking TypeGarage
      • Utility SourcePublic
      • Acres0.15
      • Square Feet4825
      • Year Built1960
      • ZoningR-3A
      • Stories2
      • Parking Spaces6

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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