2218 10th ST

Sacramento,CA 95818

$ 2179000

- Bed

- Bath

7634 SqFt


Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Hold

Purchase Type For Sale

Square Footage 7,634 sqft

Price per Sqft $285

MLS Listing ID 225050591

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1900

Lot Size 9,919 Sqft

Acres 0.2277

Property Sub-Type 5 or More Units

Property Description

Potential Development Opportunity in Downtown Sacramento! Conceptual drawings for future development are available. This well-maintained 7-unit apartment complex is situated in the heart of Downtown Sacramento's Opportunity Zone, just a short walk from Southside Park and Capitol Park. The unit mix includes: 2 units: 2-bedroom, 1-bath 5 units: 1-bedroom, 1-bath ~ Additionally, there is approximately 1,000 SF of unfinished street-level space offering excellent potential for conversion into a studio, retail, or office space creating an opportunity for additional income. Downtown Sacramento remains one of the strongest rental markets in the country. This investment offers significant upside through increased rental income and the potential for future development, enhanced by incentives available through the City's Opportunity Zone program. Investors may benefit from federal tax advantages and other incentives.

Location

State CA

County Sacramento

Area 10818

Direction Hwy 50, 10th Street to the address.

Interior

Heating Wall Furnace

Cooling Ceiling Fan(s),Wall Unit(s)

Flooring Laminate,Linoleum

Appliance Free Standing Gas Range,Free Standing Refrigerator,Microwave,Disposal

Laundry Other

Exterior

Parking Features Off Street,Permit Required

Utilities Available Natural Gas Connected,Electric

Water Access Desc Meter on Site,Public

Topography Level

Building

Lot Description Corner

Story 3

Foundation Slab

Sewer Septic Connected

Water Meter on Site,Public

Schools

Elementary Schools Sacramento Unified

Middle Schools Sacramento Unified

High Schools Sacramento Unified

School District Sacramento

Others

Senior Community No

Tax ID 009-0197-019-0000

Special Listing Condition None

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