2700 32nd Street, Sacramento, CA, CA 95817

$1,595,000

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List Price
$1,595,000
Status
ACTIVE
MLS#
PW26142252
County
Sacramento
Year Built
1962
Building Square Feet
4,946
Square Feet
6,098
Days on Market
29
Property Type
Multifamily

Property 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.

Additional Information

Parcel Number
01003650090000
Common Interest
Community Apartment
Gross Scheduled Income
$141,764
Operating Expense
43154
Net Operating Income
$91,577
Number of Buildings
1
Lot Features
6-10 Units/Acre, Lawn, Landscaped, Near Public Transit
Fireplace Description
Bath, Kitchen, Living Room
Cooling
Yes
Sewer
Public Sewer
Water
Public
Community Features
Street Lights

Listing courtesy of Listing Agent: Robert Clippinger (bob@cip-inc.com) from Listing Office: Clippinger Investment Prop Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.