3521 J Street, Sacramento, CA 95816

$4,000,000
List Price
$4,000,000
MLS#
222030541
Status
ACTIVE
Type
Multifamily
Zip
95816
city
Sacramento

Property Description

Premiere two-building multifamily investment opportunity in the heart of East Sacramento. The Property features seven luxury and spacious residential units between a stately "Arts and Crafts" building along J Street (3521 J) and a stand-alone residential & garage structure located off Harmon Alley (3523 J). Over the last two years, both structures underwent a head-to-toe renovation during which all seven units were taken down to the studs and rebuilt with best-in-class materials, luxury finishes, and attention to detail. Every unit now benefits from new plumbing, electrical (wiring and panels), lighting, appliances, HVAC, chef's kitchens, and bathrooms among other updates. These are truly the nicest residential units in East Sacramento, which command top-of-the-market rents with reliable and strong-demographic tenants. The Property is fully stabilized and is a perfect long-term hold & core asset with virtually no Landlord maintenance obligations moving forward.

Additional Information

Tenant Pays
Electricity, Gas
Land Area (Acres)
0.24
Year Built
1912
Number of Buildings
2
Number of Studio Units
1
Number of 1 Bedroom Units
4
Number of 2 Bedroom Units
2
Number Leasable
7
Furnished
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Ken Turton, Broker.

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2022 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .

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