2218 10th Street, Sacramento, CA
$2,179,000
0.23
Acres
About 2218 10th Street
Potential Development Opportunity in Downtown Sacramento! Conceptual drawings for future development are available. This well-maintained 7-unit apartment complex is situated in the heart of Downtown Sacramento's Opportunity Zone, just a short walk from Southside Park and Capitol Park. The unit mix includes: 2 units: 2-bedroom, 1-bath 5 units: 1-bedroom, 1-bath ~ Additionally, there is approximately 1,000 SF of unfinished street-level space offering excellent potential for conversion into a studio, retail, or office space creating an opportunity for additional income. Downtown Sacramento remains one of the strongest rental markets in the country. This investment offers significant upside through increased rental income and the potential for future development, enhanced by incentives available through the City's Opportunity Zone program. Investors may benefit from federal tax advantages and other incentives.
Facts & Features
| MLS® # | 225050591 |
|---|---|
| Price | $2,179,000 |
| Acres | 0.23 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | 5 or More Units |
| Status | Active |
Community Information
| Address | 2218 10th Street |
|---|---|
| Area | 10818 |
| City | Sacramento |
| County | Sacramento |
| State | CA |
| Zip Code | 95818-1687 |
Amenities
| Parking | Off Street,Permit Required |
|---|---|
| Has Pool | No |
Interior
| Interior | Laminate,Linoleum |
|---|---|
| Appliances | Free Standing Gas Range,Free Standing Refrigerator,Microwave,Disposal |
| Heating | Wall Furnace |
| Cooling | Ceiling Fan(s),Wall Unit(s) |
| Fireplace | No |
Exterior
| Lot Description | Corner |
|---|---|
| Foundation | Slab |
School Information
| District | Sacramento Unified |
|---|---|
| Elementary | Sacramento Unified |
| Middle | Sacramento Unified |
| High | Sacramento Unified |
Additional Information
| Zoning | C2 |
|---|
Listing Details
| Office | California Regency Realty |
|---|