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$ 2,600,000
Est. payment /mo
Active
2111 J ST Sacramento, CA 95816
6,399 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225117751
HOA Y/N No
Year Built 1911
Lot Size 6,399 Sqft
Acres 0.1469
Property Sub-Type Mixed Use
Source MLS Metrolist
Property Description
2109-2111 J Street is a 3-story mixed-use building comprised of four large 1-bedroom and 1.5 bathroom luxury apartment units (each 988 SF) and a 2,058 square foot ground floor retail space. All four residential units are leased and the retail space is currently vacant and available for an owner-user or new tenant. The property was completely remodeled in 2019 including top-to-bottom upgrades to the retail space, all residential units and common areas; new stucco and paint to exterior of building; updated plumbing and electrical; and energy efficient HVAC units. The residential units feature new hardwood floors throughout, granite counters, solid wood custom cabinetry, designer lighting, stainless appliances, full-size washer/dryer in each unit, as well as completely remodeled bathrooms and kitchens. The property features 9 on-site parking stalls which are gated, lighted, and secured. Located in the heart of Midtown, just one block from the MARRS Building, THIS is Midtown events, and the Midtown Farmer's Market and walking distance to hundreds of restaurants and bars. The property is being offered at $2,600,000 which results in a blended proforma capitalization rate of 5.88%.
Location
State CA
County Sacramento
Area 10816
Direction Located near the corner of 21st and J Streets. Plenty of street parking directly outside the building.
Location Details Downtown
Interior
Heating Other
Cooling Other
Flooring Wood
Exterior
Parking Features Private, Fenced, Lighted
Utilities Available Other
Water Access Desc Public
Roof Type Flat
Building
Story 3
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 007-0022-016-0000
Special Listing Condition None
Listed by Ken Turton, Broker
