Pending

2313 T Street

Sacramento CA, 95816

$1,799,000


$578.83 per sqft

Pending

4 Beds

4 Baths

3,108 sqft

Multi-family

Built in 1938

Discover a rare investment opportunity in the heart of Midtown Sacramento. This captivating property features four single-level duplexes, each showcasing charming Tudor styling and incredible curb appeal. Built in 1938, this well-maintained complex offers a mix of one-bedroom, one-bath units, ranging from approximately 666 to 896 square feet. Seven units include an enclosed one-car garage, a highly desirable amenity in this vibrant urban location. Currently generating $12,245 per month in rental income, the property offers immediate cash flow with significant upside potential. Pro forma rents are estimated at $13,200 or more, presenting a compelling value-add opportunity. Enhance the value further through strategic capital improvements and the implementation of a Ratio Utility Billing System (RUBS). Residents will enjoy unparalleled access to the best of Midtown Sacramento. Easy access to a diverse array of restaurants, cafes, and shops, or explore the vibrant cultural scene. The State Capitol, major freeways, and public transportation are all within easy reach. Conveniently located near Safeway and the Sacramento Natural Foods Co-Op, grocery shopping is a breeze.

225012102

MLS ID

January 31, 2025

Listed

February 20, 2025

Updated

Interior Features

Total Stories

1


Bedrooms

4


Total Bathrooms

4


Full Bathrooms

4


Appliances

Free-Standing Gas Oven, Free-Standing Gas Range


Floor Description

Vinyl, Wood


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.29 Acres


Architectural Style

Tudor


Roof

Composition

School Information

School District

Sacramento Unified

Other Property Details

Garage

Yes


Garage Spaces

7


Parking

Detached


Parking Total

7


View

No


County

Sacramento


Utilities

Natural Gas Available, Natural Gas Connected


Zoning

R-3A

Listing History

Date

Event

Price

2/8/2025

Pending

Courtesy of Real Brokerage, Jeremy Higgins,
Listing Contact:  

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