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2218 10th Street $2,600,000

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    2218 10th Street Sacramento, CA 95818

    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 20039225
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    Views: 14

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    Property Details

    This well maintained 8 unit apartment complex is located in the Oppurtinity Zone of Downtown Sacramento and within walking distance to Southside Park. A very substantial increase in value & Income can be realized by devloping the vacant lot at the back. Conceptual drawings for future development are attached. 7 units are fully rented,there is 1000SqFt of unfinished space in front of the building that can be fixed to add income. Property is zoned C-2 so it can be used as office,retail or an additional unit. Downtown Sacramento continues to be one of the strongest rental markets in the nation. The major value is in developing the back which is part of the oppurtunity zone that has great tax incentives. Please verify info.

    • General Features
      • Approx. Lot Sq. Ft. 9919
      • HOA No
      • HOA Dues $0
      • Tenant Pays Electric, Gas/Propane
      • Year Built 1900
      • County Sacramento
    • Building Features
      • Air Conditioning Varies by Unit
      • Heat Varies by Unit
      • Unit 1 Approx. SqFt. 1200
      • Unit 2 Approx. SqFt. 700
      • Unit 3 Approx. SqFt. 600
      • Unit 4 Approx. SqFt. 1000
      • Construction Wood
      • Roof Description Flat/Low Pitch
      • Amenities Patios/Balcony, Varies By Unit
      • Equipment Varies by Unit
      • Exterior Stucco
      • Furnished None
      • Kitchen Appliances Varies by Unit
    • Property Features
      • Acreage 0.22
      • Parking Street
      • Energy Features Dual Pane Full, Varies by Unit
    • Schools
      • Elementary School Sacramento Unified
      • Middle School Sacramento Unified
      • High School Sacramento Unified

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    Neighborhood

    95818 (Sacramento) Demographics

    38 Median Age
    5,371 Population Density (per sq. mile)
    64% College Educated
    $68,085 Estimated Median Income
    4,981 Estimated Total Home Owners
    4,605 Estimated Total Renters
    52% / 48% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    20,629 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    29 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,600,000
        7/17/2020 6:55:00 PM New in Database Source New Value: $2,600,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 10/27/2020 5:45:37 AM. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Terms of Use

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.