Presenting a rare investment opportunity in the heart of vibrant Midtown Sacramento: 916-918 24th Street. This mixed-use property boasts a winning combination of retail potential and consistent rental income. Two comfortable 2-bedroom/1-bathroom units and two spacious 1-bedroom/1-bathroom units, all attracting a steady stream of renters seeking the Midtown lifestyle. Two practical 800 sq ft retail spaces on the ground floor, perfect for local businesses to capitalize on the neighborhood's foot traffic. A recently replaced roof (2018) ensures peace of mind and minimizes maintenance costs. Unbeatable location offers long term stability and potential rental upside. On-site laundry facilities provide an attractive amenity for tenants, while a secure and gated rear yard adds an extra layer of security and potential outdoor space. This is your chance to own a property that thrives amid a flourishing community.
Closed
$1,062,000
916 24th St, Sacramento, CA 95816
6beds
4,558sqft
5 or More Units
Built in 1905
-- sqft lot
$1,051,700 Zestimate®
$233/sqft
$3,991 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 17, 2025 at 07:00am
Listed by:
Jonathan Hunt DRE #01309254 916-747-8229,
J.A. Hunt
Bought with:
Salvador Puente, DRE #02009304
TSG Premier Realty
Source: MetroList Services of CA,MLS#: 224128993Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Varies by Unit, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Free-Standing Gas Range, Microwave, Dishwasher
Features
- Flooring: Carpet, Tile, Laminate
- Has fireplace: No
Interior area
- Total interior livable area: 4,558 sqft
Property
Features
- Fencing: Fenced
Lot
- Size: 3,049 sqft
Details
- Parcel number: 00700260130000
- Zoning description: C-2-MC
- Special conditions: Offer As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: 5 or More Units
Materials
- Shingle Siding, Lap Siding
- Roof: Composition,Elastomeric
Condition
- Year built: 1905
Community & neighborhood
Location
- Region: Sacramento
Services availability
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Estimated market value
$1,051,700