Description
8.5% CAP RATE ON ACTUALS ***Currently producing $14,430 a month*** We are pleased to present 601 10th Street, a unique two-story property located in the Central Sacramento, Alkali Flats neighborhood. Built in 1890, this 3,300 square foot Colonial Revival building offers 13 single-room occupancies (SROs). Each room includes a kitchenette with a sink and refrigerator. The building includes an updated full bathroom and a restroom on both the first and second floors. Utilities and high-speed internet are included in the rent, providing added convenience for tenants. The property features a full basement with coin-operated laundry facilities and secure storage, as well as bicycle storage. The large basement area offers the potential to add more units. Additional amenities include a balcony that provides outdoor space for tenants to enjoy fresh air and a view of the surrounding area. The property also includes a gated parking area with two parking spaces. This location offers convenient access to key Sacramento landmarks such as Cesar Chavez Plaza, the California State Capitol, DOCO (Downtown Commons), Kaiser Downtown Medical Center, and the Golden One Arena.
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13BEDS
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0.08ACRES
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2BATHS
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01/2 BATHS
School Information
Description
8.5% CAP RATE ON ACTUALS ***Currently producing $14,430 a month*** We are pleased to present 601 10th Street, a unique two-story property located in the Central Sacramento, Alkali Flats neighborhood. Built in 1890, this 3,300 square foot Colonial Revival building offers 13 single-room occupancies (SROs). Each room includes a kitchenette with a sink and refrigerator. The building includes an updated full bathroom and a restroom on both the first and second floors. Utilities and high-speed internet are included in the rent, providing added convenience for tenants. The property features a full basement with coin-operated laundry facilities and secure storage, as well as bicycle storage. The large basement area offers the potential to add more units. Additional amenities include a balcony that provides outdoor space for tenants to enjoy fresh air and a view of the surrounding area. The property also includes a gated parking area with two parking spaces. This location offers convenient access to key Sacramento landmarks such as Cesar Chavez Plaza, the California State Capitol, DOCO (Downtown Commons), Kaiser Downtown Medical Center, and the Golden One Arena.
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