1508 E Street
$1,695,000
10
4
4,580
4,580
$370
Description
Excellent opportunity for an owner/user to acquire four units and leave one for themselves to occupy. The building is currently generating $10,655 a month in gross income. It is very rare to acquire two newly constructed townhomes and a remodeled duplex in a thriving location of Midtown Sacramento. The back building was built in 2022 and has (2) two bedroom/1.5 bathroom 1050 Square foot townhouse style units that is attached to a 3 car garage. Freestanding units like these sell for $850,000 each...Excellent opportunity for an owner/user to acquire four units and leave one for themselves to occupy. The building is currently generating $10,655 a month in gross income. It is very rare to acquire two newly constructed townhomes and a remodeled duplex in a thriving location of Midtown Sacramento. The back building was built in 2022 and has (2) two bedroom/1.5 bathroom 1050 Square foot townhouse style units that is attached to a 3 car garage. Freestanding units like these sell for $850,000 each within the area. The Front building is a remodeled duplex. Both top and bottom units are 3bedroom/1bathroom 1,240 Square foot units that have been completely remodeled with laundry included. Largest fourplex available and currently a 5.54% cap rate on actuals.
- Listed by Matthew Sarro • DRE #01942991 • Collier's International CA, Inc.P: (916)-616-5267 matt.sarro@colliers.com
Property Details for 1508 E Street
Parking Features
Garage, Other-Rmks
Architectural StyleOther
ZoningR-3A-SPD
LISTING UPDATED: 10/17/2024 01:30 PM
Property Details for 1508 E Street
Status | Active |
---|---|
MLS # | 224092975 |
Days on Compass | 122 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Quadruplex |
Year Built | 1890 |
Lot Size | 0.15 AC / 6,534 SF |
County | Sacramento County |
Building Information for 1508 E Street
Stories2Residences4Year Built1890Building Size-Lot Size0.15 AC / 6,534 SF
Property Information for 1508 E Street
Property History for 1508 E Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1508 E Street
This home is within Sacramento City Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Washington Elementary PublicK to 6 | ||
Miwok Middle Public7 to 8 | ||
C. K. Mcclatchy High School Public9 to 12 | ||
The Met School Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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