$1,062,000
$1,150,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
3,049 Sqft Lot
SOLD DATE : 02/17/2025
Key Details
Sold Price $1,062,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 224128992
Sold Date 02/17/25
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1905
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Mixed Use
Property Description
Presenting a rare investment opportunity in the heart of vibrant Midtown Sacramento: 916-918 24th Street. This mixed-use property boasts a winning combination of retail potential and consistent rental income. Two comfortable 2-bedroom/1-bathroom units and two spacious 1-bedroom/1-bathroom units, all attracting a steady stream of renters seeking the Midtown lifestyle. Two practical 800 sq ft retail spaces on the ground floor, perfect for local businesses to capitalize on the neighborhood's foot traffic. A recently replaced roof (2018) ensures peace of mind and minimizes maintenance costs. Unbeatable location offers long term stability and potential rental upside. On-site laundry facilities provide an attractive amenity for tenants, while a secure and gated rear yard adds an extra layer of security and potential outdoor space. This is your chance to own a property that thrives amid a flourishing community.
Location
State CA
County Sacramento
Area 10816
Direction From Capital City Freeway exit E St or H St and proceed South to I Street and proceed West to 24th Street. Turn left (south) on 24th Street, property will be on right side.
Location Details Neighborhood,Alley,Public Transportation Nearby,Downtown,Hospital Nearby,Shopping Nearby
Interior
Heating Floor Furnace, Wall Furnace, Natural Gas
Cooling Window Unit(s)
Flooring Tile, Carpet, Combo of Materials
Exterior
Parking Features Street
Utilities Available Separate Gas Meter
Water Access Desc Public
Roof Type Composition,Flat
Topography Level
Road Frontage City Street
Building
Foundation BrickMortar
Sewer Sewer Connected
Water Public
Others
Senior Community No
Tax ID 007-0026-013-0000
Special Listing Condition Offer As Is
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Bought with TSG Premier Realty
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Managing Broker | REALTOR | License ID: 02080040
+1(925) 413-1849 | kenneth@jcastlegroup.com