Description
Potential Development! The Conceptual drawings for future development are available. This well maintained 7-unit apartment complex is located in the Opportunity Zone of Downtown Sacramento and within walking distance to Southside and Capitol Parks. Units' breakdown are as follows: 2~2-bedroom 1 bath & 5~1-bedroom 1 bath units. There is an approximate 1000 SF of unfinished space in front of the building that can be converted into a studio, retail or office space and provide additional income. Downtown Sacramento continues to be one of the strongest rental markets in the nation. This upside investment opportunity has potential increase in rental income and potential development via incentives offered by the City's Opportunity Zone. The program provides a federal tax and incentives for investors.
Location
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Data maintained by MetroList® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise "any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination." This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis. Updated: 27th September, 2023 8:17 AM (UTC)
Data maintained by MetroList® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise "any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination." This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis. Updated: 27th September, 2023 8:17 AM (UTC)
Listing Agent: Kam Lashgari
Listing Office: California Regency Realty
