Overview
About This Listing
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.
Map Location
Walk Score
Contact Agent
Request a Tour
530 School Street, Lodi, CA 95240
-
Source:
Listed by: Colliers Parrish Intenational Inc. -
Details
$775,000(Negotiable)
215 Coventry Drive, Stockton, CA 95207
-
Source:
Listed by: Coldwell Banker Valley Central -
Details
$745,000(Negotiable)
5250 14th Avenue, Sacramento, CA 95820
-
Source:
Listed by: ERA Carlile Realty Group -
Details
$1,200,000(Negotiable)
