Residential Income in Sacramento

$2,800,000

21st, 95811, Sacramento, CA

Residential Income for sale in Sacramento, 21st, 95811, 4739 m²

21st, 95811, Sacramento, CA

$2,800,000

4739m²
Type: Residential Income

Description

5.6% ASSUMABLE LOAN! Welcome to 1928 21st Street a newly constructed, turnkey 6-unit apartment building located in the highly desirable and walkable Poverty Ridge neighborhood of Midtown Sacramento. Completed in November 2024, this fully leased investment property offers a rare opportunity to own modern multifamily real estate in a premium Sacramento location. Each of the six thoughtfully designed one-bedroom units features soaring ceilings, custom doors and windows, abundant natural light, efficient floor plans, and high-end finishes throughout. Every unit includes its own washer and dryer hookups as well as private outdoor space, with each residence offering a patio or balcony and select units featuring multiple balconies. The approximately 4, 739-square-foot building generates strong, stabilized rental income totaling $18, 000 per month, providing investors with an attractive income-producing asset with the benefits of newer construction and reduced near-term maintenance. Perfectly situated in historic Poverty Ridge, the property is within walking distance of light rail, Downtown Sacramento, restaurants, cafs, shopping, entertainment, and local parks. The combination of modern construction, private outdoor spaces, desirable unit amenities, strong rental income, and an exceptional central location makes 1928 21st Street a standout investment opportunity. Whether you're expanding an existing multifamily portfolio or seeking a low-maintenance, high-performing Sacramento asset, 1928 21st Street offers an exceptional combination of location, quality, and income.

Agent Information

Location

21st, 95811, Sacramento, CA

Data

Object TypeResidential Income
Purchase Price$2,800,000
Living Space4739 m²
Plot Size302.31 m²
BathroomsN/A
Construction Year2024
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeOther
Primary Energy SourceN/A
Construction Year2024
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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