Listed by Clippinger Legacy Investment Properties
$1,595,000
2700 32nd Street
Details
APN 01003650090000
Property Type Multifamily
Sub Type Apartment Building
Units 8
Cap Rate 5.74%
Buildings 1
Acreage 0.140
Zoning Assessor
Multifamily | 5.74% CAP | 8 Units
Marketing description
We are pleased to present the exceptional opportunity to acquire a well-maintained and renovated eight unit apartment community located at 2700 32nd Street in Sacramento, California. Originally constructed in 1962, this attractive two-story multifamily property is located in the North Oak Park neighborhood with convenient access to Downtown Sacramento, where you will have a variety of restaurants, shopping, parks, public transportation and just minutes from Sutter Medical Campus. The property consists of eight (8) one- bedroom, one-bathroom apartments, each at approximately 580 square feet of comfortable living space with functional floor plans. Property amenities include gated entry, onsite laundry facilities, off-street parking, resident storage and a community patio area. Major exterior improvements were completed in 2016, including a new roof, gutters, siding and exterior paint. With exterior capital improvements, onsite amenities and the potential for additional interior updates, 2700 32nd Street presents a multifamily opportunity in a centrally located Sacramento neighborhood.
Listing Contacts
Listed by Clippinger Legacy Investment Properties
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