1720 N Street, Sacramento, CA
$3,298,000
0.15
Acres
About 1720 N Street
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.
Facts & Features
MLS® # | 224027091 |
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Price | $3,298,000 |
Acres | 0.15 |
Year Built | 1952 |
Type | Residential Income |
Sub-Type | 5 or More Units |
Status | Active |
Community Information
Address | 1720 N Street |
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Area | 10811 |
City | Sacramento |
County | Sacramento |
State | CA |
Zip Code | 95811 |
Amenities
Parking Spaces | 3 |
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Parking | Covered,Street |
Has Pool | No |
Interior
Interior | Simulated Wood,Laminate,Wood,Varies by Unit |
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Heating | Electric,Hot Water |
Cooling | Window Unit(s) |
Fireplace | No |
Stories | Two |
Exterior
Lot Description | Landscape Front |
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Foundation | BrickMortar, Concrete |
School Information
District | Sacramento Unified |
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Elementary | Sacramento Unified |
Middle | Sacramento Unified |
High | Sacramento Unified |
Additional Information
Zoning | R-3A-SPD |
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Listing Details
Office | Ken Turton, Broker |
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