$1,755,000
$1,900,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
6,534 Sqft Lot
SOLD DATE : 10/01/2023
Key Details
Sold Price $1,755,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 223031285
Sold Date 10/01/23
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1975
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type 5 or More Units
Property Description
Colliers is pleased to present 1814 E Street, a rare opportunity to purchase a well-kept 9-unit apartment complex located in the thriving New Era Park neighborhood of Midtown Sacramento. The subject property is situated on a spacious .15 Acre lot with 5,170 square feet of rentable living space. 1814 E Street consists of one two story building that was constructed in 1975. Four of the nine units have been completely renovated with new white cabinets, vinyl plank flooring, granite countertops, new ceiling fans and updated bathrooms with new lighting fixtures. One unit just became vacant and owner will be doing a full remodel which will bring in an additional $4,800 a year in income. The subject property is constructed with stucco throughout most of the building, beautiful landscape in the courtyard area and gated secured entrance. The unit mix consists of nine 1-bedroom/1-bathroom units that all vary in size and each of the downstairs units come with a sliding door to a backyard patio. A few new recent upgrades also include new doors, some new heating and air conditioners and brand-new stainless steele appliances. Other amenities include a laundry room on-site and back parking lot for tenants to enjoy.
Location
State CA
County Sacramento
Area 10811
Direction Located on the South side of E Street in between 19th and 18th Street.
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s), Wall Unit(s)
Flooring Varies by Unit
Laundry Washer/Dryer Owned
Exterior
Parking Features Off Street, Varies by Unit
Utilities Available Natural Gas Connected, Electric
Water Access Desc Meter Available
Total Parking Spaces 7
Building
Lot Description Garden, Landscape Front, Other
Story 2
Foundation Concrete, Other
Sewer Private Sewer
Water Meter Available
Schools
Elementary Schools Sacramento Unified
Middle Schools Sacramento Unified
High Schools Sacramento Unified
School District Sacramento
Others
Senior Community No
Tax ID 003-0122-006
Special Listing Condition None
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Bought with Collier's International CA, Inc.
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