2229 24th Street, Sacramento, CA 95818
- $1,230,000
- 5
- BD
- 3
- Full Baths
- 3,100
- SqFt
- Sold Price
- $1,230,000
- List Price
- $1,225,000
- Closing Date
- Feb 22, 2023
- MLS#
- 223002005
- Status
- CLOSED
- Bedrooms
- 5
- Bathrooms
- 3
- Living Sq. Ft
- 3,100
- Type
- Multifamily
- Zip
- 95818
- city
- Sacramento
Property Description
Premiere triplex located on the cusp of Midtown and Land Park. Features two units on the ground floor, each 1bed/1bath and measuring 775 SF. The entire second floor is a 3bed/1 bath unit measuring ~1,550 SF. All three units have been renovated over the last 3 years including upgraded kitchens, bathrooms, flooring, paint, dual-pane windows, lighting, and in-unit washer/dryer. Building infrastructure is also virtually new including new membrane roof in 2022, mini-split HVAC units, plumbing, electrical, insulation, interior/exterior paint, and landscaping/irrigation. Detached garage with three separate stalls, which can also be demolished make way for an new residential structure/ADUs along W Street. This property is truly turn key and perfect for a 1031 exchange or long-term investment. Cap rate is 4.14% on actual income and expenses.
Additional Information
- Land Area (Acres)
- 0.07
- Year Built
- 1939
- Number of Buildings
- 2
- Number of 1 Bedroom Units
- 2
- Number of 3 Bedroom Units
- 1
- Number Leasable
- 3
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Listing courtesy of Ken Turton, Broker. Selling Office: eXp Realty of California, Inc..
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2023 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .