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2300 N Street $1,229,000

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    2300 N Street Sacramento, CA 95816

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    $1,229,000

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    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 20035077
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    Property Details

    Gorgeous Midtown investment opportunity. Originally a 4plex res/commercial income property w/large parking lot. The 3,600SF, 2-story bldg is 100% leased to 3 office tenants. The generous 6,400SF parcel of land in Midtown accommodates 14 parking stalls and/or the potential for infill development. Attractive fully leased income producing investment with potential for the second floor (1,800SF) could be made available for owner-occupant. Further, the property is an interesting residential conversion opportunity as it was originally built as a four-plex and still boasts residential finishes and layout. The Property, zoned R3A, would allow a multi-family conversion by right; however, the Property is currently grandfathered into an office use. Lastly, the Property features fourteen (14) on-site parking stalls, a valuable amenity in the Midtown submarket. The Property is being offered at 4.12%CAP or $1,229,000.

    • General Features
      • Approx. Lot Sq. Ft. 6399
      • HOA No
      • HOA Dues $0
      • Tenant Pays Other-Rmks
      • Year Built 1925
      • County Sacramento
    • Building Features
      • Air Conditioning Central, Refrig Wall Units, Varies by Unit
      • Heat Varies by Unit
      • Unit 1 Approx. SqFt. 900
      • Unit 2 Approx. SqFt. 900
      • Unit 3 Approx. SqFt. 900
      • Unit 4 Approx. SqFt. 900
      • Disability Features Varies by Unit
      • Construction Brick, Frame
      • Stories Description Multi-Level
      • Roof Description Flat/Low Pitch, Other-Rmks
      • Amenities Varies By Unit
      • Equipment Varies by Unit
      • Exterior Brick
      • Furnished None
      • Kitchen Appliances Other-Attch
    • Property Features
      • Acreage 0.14
      • Parking +1
      • Energy Features Other-Rmks
    • Schools
      • Elementary School Sacramento Unified
      • Middle School Sacramento Unified
      • High School Sacramento Unified

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    Neighborhood

    95816 (Sacramento) Demographics

    35 Median Age
    8,392 Population Density (per sq. mile)
    62% College Educated
    $54,777 Estimated Median Income
    2,744 Estimated Total Home Owners
    7,115 Estimated Total Renters
    28% / 72% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    17,178 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

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

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        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,229,000
        6/19/2020 2:17:00 PM New in Database Source

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        *This Payment Calculator is intended for educational and planning purposes only.
        **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 7/12/2020 2:16:19 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.