1720 N Street, Sacramento, CA 95811
- $3,298,000
- List Price
- $3,298,000
- MLS#
- 224027091
- Status
- ACTIVE
- Type
- Multifamily
- Zip
- 95811
- city
- Sacramento
Property Description
Turton Commercial Real Estate is please to exclusively offer for sale 1720 N Street, dubbed the Ambassador Gardens'', and herein referenced as the Property'', as a rare opportunity to acquire a centrally located multifamily asset in the urban core of Sacramento. The Property is being offered for sale at $3,298,000, representing pricing of approximately $235,571 per unit. Consisting of 14 residential units, a laundry room with coin operated machines, and covered parking, Ambassador Gardens provides a healthy unit mix of one 3 bedroom 1.5 bathroom floorplan, one two bed one bath, eight 1 bed 1 bath units, and four studio options. The Property is currently 71% occupied and has just received over $100,000 in various improvements including vacant unit renovations, new fixtures and appliances, fresh exterior paint, and a new water heater. Ambassador Gardens is poised for stabilization to 100% occupancy at market rents and represents a strong value-add'' opportunity for any multifamily investor.
Additional Information
- Tenant Pays
- Electricity, Water
- Land Area (Acres)
- 0.15
- Year Built
- 1952
- Number of Buildings
- 1
- Number of Studio Units
- 4
- Number of 1 Bedroom Units
- 8
- Number of 2 Bedroom Units
- 1
- Number of 3 Bedroom Units
- 1
- Number Leasable
- 14
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Listing courtesy of Ken Turton, Broker.
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 2024 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 .