Midtown Sacramento Mixed-Use Investment Property | Built in 2014
Add newer construction and mixed-use income potential to your portfolio in the heart of Midtown Sacramento. Built in 2014, this three-story investment property combines a ground-floor commercial space with two spacious residential units above.
Each residential unit offers approximately 1,150 square feet, 2 bedrooms, 1 bathroom, and a large private balcony. Open-concept layouts, central HVAC, granite countertops, stainless steel appliances, and premium finishes create an appealing rental experience in a desirable urban location.
The approximately 1,064-square-foot commercial space offers potential for retail use, subject to applicable approvals, complementing the residential rentals with an additional income source.
Modern building features include zonal fire sprinklers, added insulation, dual-pane windows, and fire-resistant siding. Compared with many older properties in the surrounding neighborhood, the building’s newer construction may help reduce near-term maintenance and capital improvement needs.
It appears these residential units qualify for an exemption from applicable state rent restrictions.
With spacious residences, commercial income potential, and a central Midtown location, this Sacramento mixed-use property offers a compelling opportunity for investors seeking a newer asset in an established urban neighborhood.
. PRO FORMA RENTAL INCOME: Residential units projected at $2,650 each per month, with commercial space projected at $2,850 per month, generating potential gross rental income of $8,150 monthly or $97,800 annually. One residential unit is currently rented for $2,310 per month. Pro forma rents are estimates and are not guaranteed. An opportunity to own a modern mixed-use income property in one of Sacramento’s established urban neighborhoods!
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