2218 10th ST Active Save Request In-Person Tour Request Virtual Tour
Sacramento,CA 95818
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 7,634 sqft
Price per Sqft $285
MLS Listing ID 225050591
Year Built 1900
Lot Size 9,919 Sqft
Property Sub-Type 5 or More Units
Property Description
Potential Development Opportunity in Downtown Sacramento! Conceptual drawings for future development are available. This well-maintained 7-unit apartment complex is situated in the heart of Downtown Sacramento's Opportunity Zone, just a short walk from Southside Park and Capitol Park. The unit mix includes: 2 units: 2-bedroom, 1-bath 5 units: 1-bedroom, 1-bath ~ Additionally, there is approximately 1,000 SF of unfinished street-level space offering excellent potential for conversion into a studio, retail, or office space creating an opportunity for additional income. Downtown Sacramento remains one of the strongest rental markets in the country. This investment offers significant upside through increased rental income and the potential for future development, enhanced by incentives available through the City's Opportunity Zone program. Investors may benefit from federal tax advantages and other incentives.
Location
State CA
County Sacramento
Area 10818
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s),Wall Unit(s)
Flooring Laminate,Linoleum
Laundry Other
Exterior
Parking Features Off Street,Permit Required
Utilities Available Natural Gas Connected,Electric
Building
Lot Description Corner
Story 3
Foundation Slab
Sewer Septic Connected
Water Meter on Site,Public
Schools
Elementary Schools Sacramento Unified
Middle Schools Sacramento Unified
High Schools Sacramento Unified
School District Sacramento
Others
Special Listing Condition None