517 13th St - Apartments FOR SALE


Sacramento, CA 95814- Mansion Flats
$749,000 USD
916-541-3630
517 13th St, Sacramento, CA for Sale
$749,000 USD
Apartments - FOR SALE
1/51
null | 4.95% Cap Rate

517 13th St
Sacramento, CA 95814
Mansion Flats


HIGHLIGHTS

  • Prime midtown location
  • Two units will be delivered vacant and rent ready
  • Opportunity for owner/operator
  • Vacant units can be filled with long term tenants or can be used for short term rentals

OVERVIEW

Welcome to 517 13th St, a unique and versatile triplex located in the desirable Mansion Flats neighborhood of Sacramento. This charming two-story building boasts a total of 1,515 square feet, offering a fantastic investment opportunity. At the close of escrow, two of the units will be vacant, providing immediate options for either Airbnb or traditional rental usage. Each unit has been recently updated, ensuring modern comfort and convenience. With laundry facilities available in each unit, residents will enjoy added ease and privacy. The building's prime location in Mansion Flats, along with its updated amenities, makes it an attractive choice for renters in the area. The average market rent in this area ranges from $1,600 to $1,800, presenting a promising potential for rental income. Whether you're looking to start or expand your investment portfolio, 517 13th St offers flexibility and profitability in a thriving community. Don't miss out on this incredible opportunity!

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$494 USD /SF

# OF UNITS

3

PRICE/UNIT

$249,667

CAP RATE

4.95%

% LEASED

33%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,198 SF

ZONING

R-3A

APN/PARCEL ID

002-0124-024

ASK ABOUT THIS PROPERTY

Tim SwanstonNorth Coast Commercial, Inc.More Info
916-541-3630

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Tim SwanstonNorth Coast Commercial, Inc.More Info
916-541-3630

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