$900,000
SOLD APR 4, 2025
9 Beds
9 Baths
6,000 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$150 Per Sq Ft

25% Below List Price

323 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Central Heating and Cooling System
  • Miwok Middle School Rated A-
  • Balcony
  • Wood Siding

About This Home

As of April 2025

PRICE REDUCED TO SELL! 6-unit building grossing $10,900 a month in income. Each unit is very spacious with Dishwashers and in unit washer/dryers located in the heart of Midtown Sacramento! The property consists of (3) Spacious 1-bedroom/1-bathroom units (1,000 square feet each), and (3) Spacious 2-bedroom/2-bathroom units (1,000 square feet each). Updated plumbing and electrical systems, Central heat/air, hardwood /laminate floors, tile countertops, freshly painted kitchen cabinets, vintage wooden windows, recessed ceiling lighting, in-unit washer/dryers, and ceiling fans. Yielding a 7.03% cap rate based on actuals.

Last Agent to Sell the Property

Matthew Sarro

Collier's International CA, Inc. License #01942991 Listed on: 05/07/2024

Last Buyer's Agent

Erin Stumpf

Coldwell Banker Realty License #01706589

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Home Design

  • Garden Apartment
  • Concrete Foundation
  • Wood Siding
  • Redwood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,000 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Laminate
  • Tile

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Balcony
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 003-0174-010

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Units Leased Month-To-Month
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Garden Apartments
  • Property Subtype 1: 5 or More Units
  • Year Built: 1910
  • Stories: 3
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Laminate, Wood, Varies by Unit
  • Price Per Square Foot: 150.00
  • Square Footage: 6000.00

Exterior Features

  • Construction Materials: Redwood Siding, Wood Siding
  • Foundation: Concrete, Other
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1199000.00
  • Lot Features: Other
  • New Construction: No
  • Patio And Porch Features: Balcony/Deck
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Other

Utilities

  • Security: Varies By Unit
  • Sewer: Public Sewer, Other
  • Utilities: Natural Gas Connected, Electric, Other
  • Cooling: Central, Wall Unit(s), Varies by Unit
  • Heating: Central, Wall Furnace, Varies by Unit
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Public, Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning: C-2-SPD
  • Irrigation: Other
  • Lot Size Acres: 0.0700
  • Lot Size Sq Ft: 3049.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Gross Income: 127200
  • Income Includes: ["Rent Only","Other"]
  • Total Number Leasable: 6
  • Number of Leased Units: 6
  • Number of Month to Month Units: 6
  • Number of Units: 6

Tax Info

  • Assessor Parcel Number: 003-0174-010
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $900,000 -24.9% $150 / Sq Ft
03/26/2025 03/26/25 Pending -- -- --
03/02/2025 03/02/25 For Sale $1,199,000 0.0% $200 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
11/21/2024 11/21/24 Price Changed $1,199,000 -7.8% $200 / Sq Ft
09/10/2024 09/10/24 Price Changed $1,300,000 -3.6% $217 / Sq Ft
07/31/2024 07/31/24 For Sale $1,349,000 0.0% $225 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
06/12/2024 06/12/24 Price Changed $1,349,000 -3.6% $225 / Sq Ft
05/23/2024 05/23/24 Price Changed $1,399,000 -0.1% $233 / Sq Ft
05/07/2024 05/07/24 For Sale $1,400,000 -- $233 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224046792

MetroList