$1,000,000
$1,300,000
23.1%For more information regarding the value of a property, please contact us for a free consultation.
3,300 SqFt
SOLD DATE : 01/24/2025
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,300 sqft
Price per Sqft $303
MLS Listing ID 224096274
Sold Date 01/24/25
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1890
Lot Size 3,485 Sqft
Acres 0.08
Property Sub-Type 5 or More Units
Property Description
8.5% CAP RATE ON ACTUALS ***Currently producing $14,430 a month*** We are pleased to present 601 10th Street, a unique two-story property located in the Central Sacramento, Alkali Flats neighborhood. Built in 1890, this 3,300 square foot Colonial Revival building offers 13 single-room occupancies (SROs). Each room includes a kitchenette with a sink and refrigerator. The building includes an updated full bathroom and a restroom on both the first and second floors. Utilities and high-speed internet are included in the rent, providing added convenience for tenants. The property features a full basement with coin-operated laundry facilities and secure storage, as well as bicycle storage. The large basement area offers the potential to add more units. Additional amenities include a balcony that provides outdoor space for tenants to enjoy fresh air and a view of the surrounding area. The property also includes a gated parking area with two parking spaces. This location offers convenient access to key Sacramento landmarks such as Cesar Chavez Plaza, the California State Capitol, DOCO (Downtown Commons), Kaiser Downtown Medical Center, and the Golden One Arena.
Location
State CA
County Sacramento
Area 10814
Direction Downtown Sacramento at corner of F Street and 10th Street.
Interior
Heating Varies by Unit
Cooling Ceiling Fan(s), Central, Varies by Unit
Flooring Vinyl, Wood, Varies by Unit
Laundry Washer/Dryer Owned
Exterior
Parking Features Off Street
Utilities Available Natural Gas Connected
Water Access Desc Meter on Site
View Varies by Unit
Total Parking Spaces 1
Building
Lot Description Corner
Story 3
Foundation Concrete, Other
Sewer Public Sewer
Water Meter on Site
Architectural Style Bungalow, Craftsman
Schools
Elementary Schools Sacramento Unified
Middle Schools Sacramento Unified
High Schools Sacramento Unified
School District Sacramento
Others
Senior Community No
Tax ID 002-0155-032
Special Listing Condition None
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Bought with North Coast Commercial, Inc.
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