1416 22nd St - Apartments FOR SALE


Sacramento, CA 95816- Midtown Sacramento
$1,000,000 USD
916-224-9808
1416 22nd St, Sacramento, CA for Sale
$1,000,000 USD
Apartments - FOR SALE
1/17
null | 5.01% Cap Rate

1416 22nd St
Sacramento, CA 95816
Midtown Sacramento


HIGHLIGHTS

  • Rental Upside
  • Craftsman Bungalow
  • Pitched Roofs
  • Centrally Located
  • Off-street Parking

OVERVIEW

Colliers is pleased to present 1416 22nd Street, A charming craftsman’s style 5-unit investment property in the heart of Midtown Sacramento built in 1910. The 2,746 sqft property sits on a 0.07 lot and features a historic structure with a pitched composition roof along with wood siding. Composed of a mix of three Studios and two 1-bedroom units. 1416 22nd Street offers a prime location in the heart of Sacramento, providing residents with convenient access to a wide array of amenities. Just steps away are popular dining destinations such as Zocalo’s, Jack’s Urban Eats, and Seasons Coffee Roasters, along with everyday essentials like Safeway grocery store. The property is also within proximity to leading healthcare facilities including Sutter Health, Mercy Medical Group, and the UC Davis Health Clinic. For entertainment, the Golden 1 Center and Sacramento’s vibrant nightlife are just a short drive away, making this location ideal for both comfort and convenience. This unique opportunity offers a blend of historic charm and modern comfort, making it an appealing and comfortable place for any resident to call home.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$364 USD /SF

# OF UNITS

5

PRICE/UNIT

$200,000

CAP RATE

5.01%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1416 22nd St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

R3A, Sacramento

APN/PARCEL ID

007-0251-013

ASK ABOUT THIS PROPERTY

Aaron FrederickColliersMore Info
916-224-9808

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Aaron FrederickColliersMore Info
916-224-9808

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.