$2,050,000
2009 N ST Sacramento, CA 95811
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$2,050,000
Est. payment /mo
5,900 SqFt
UPDATED:
11/12/2024 07:26 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,900 sqft
Price per Sqft $347
MLS Listing ID ML81985833
HOA Y/N No
Year Built 2014
Annual Tax Amount $22,550
Lot Size 6,534 Sqft
Property Description
Newmark, as the exclusive advisor, is pleased to present a prime investment opportunity at 2009 N Street, Sacramento, CA, a fully leased, fee simple property promising stable returns in a thriving urban locale. Priced at $2,050,000 and an acquisition Cap Rate of 5%, this dynamic investment property boasts two distinct buildings: 2009 N ST- a colonial structure with three modern and renovated residential flats, and the other, 2009 Matsui Alley-Federalist Pizza- a trend-setting pizza restaurant and taproom within 7 creatively re-purposed shipping containers. The combination of robust residential leasing and a strong commercial presence provides investors with a balanced portfolio offering long-term stability and profitability. Don't miss the chance to own this exceptional investment property, perfectly positioned to capitalize on Sacramento's real estate growth and dynamic urban lifestyle.
Location
State CA
County Sacramento
Area 699 - Not Defined
Zoning C-2
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
View Y/N No
Roof Type Composition,Metal
Accessibility None
Building
Story 1
Sewer Public Sewer
Water Public
Architectural Style Colonial, Custom
Schools
School District Sacramento City Unified
Others
Tax ID 00701460110000
Special Listing Condition Standard
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Listed by Kelly Rivett • Cornish & Carey Commercial
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David Burchell
Team Leader & Realtor | License ID: #02033130
Team Leader & Realtor License ID: #02033130