Prime Investment Opportunity in Midtown Sacramento: Triplex and Land with Development Potential Dual Offering: A Fully Leased Triplex Plus Conceptual plans for Duplex and ADUs in Vibrant Midtown Sacramento Property Listing Details: Address: 2629 U St, Sacramento, CA 95818 Triplex Building Size: +/- 1,800 sq.ft (Fully leased: Three 1-Bedroom, 1-Bath Units, each 600 SF) Land Size: Triplex Lot: +/- 3,433 SF Adjacent Land Parcel: +/- 3,061 SF Property Zoning: R-3A-SPD - Sacramento County (MULTI-FAMILY RESIDENTIAL 36 UNITS/ACRE/ SPECIAL PLANNING DISTRICT) Current Occupancy: Triplex fully leased Parcel Numbers: Triplex: 010-0115-030-0000 Land: 010-0115-031-0000 Sales Price: Triplex: $817,000.00 ($273,000/unit) Land: $337,000.00 (Approved & Permitted for Duplex plus 2 ADUs - 4 units total) Financials: Average Household Income within 3 miles: $95,692.00 Location Highlights: Strategic Location: Heart of Midtown Sacramento offering immediate rental income and future development prospects. Premium Upgrades: Including new washers and dryers, modernized kitchens, efficient HVAC systems, and elegant hardwood flooring. Tenant Satisfaction: High living standards ensured by recent upgrades, promising long-term occupancy.
Listing courtesy of ROME Real Estate Group, Inc..
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