1905-1907 10th ST Pending

Sacramento,CA 95811

$ 899999

5 Beds

4 Baths

3092 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,092 sqft

Price per Sqft $291

MLS Listing ID 224089588

Style Victorian

Bedrooms 5

Full Baths 4

Year Built 1890

Lot Size 3,485 Sqft

Property Sub-Type Quadruplex

Property Description

This is a classic Victorian fourplex with lots of old world charm that includes Douglas Fir hardwood floors, original pocket doors, original fireplace hearths, and much more. If you love this time period you will love this property. There are washer and dryers on each floor in a breezeway between the units which share the machines. There is a very quiet and inviting backyard for the residents to enjoy. There is definitely upside in the income stream for the next owner to benefit from. Two of the current tenants have not received annual rent increases and there is no RUBS in place. The In Place CAP Rate is 5.5% with the ability to move it up to a 6.0% by giving the rent increases and implementing RUBS.

Location

State CA

County Sacramento

Area 10811

Zoning R-3A

Interior

Heating Wall Furnace,Gas

Cooling Window Unit(s),Ceiling Fan(s)

Flooring Wood,Laminate,Tile

Laundry Common Area

Exterior

Utilities Available Sewer Connected,City,Natural Gas Connected

Building

Lot Description Garden,Sidewalk,Curbs/Gutters

Story 2

Foundation Raised,Brick/Mortar

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Sacramento Unified

Others

Acceptable Financing Submit

Listing Terms Submit

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