4327 1/2 T St St, Sacramento, CA 95819
2 Unit Apartment Building | $879,000 ($439,500/Unit) | 4.70% Cap Rate | Sacramento, CA 95819
For Sale
Active
Asking Price $879,000
- Property Type
-
Multifamily
- Square Feet
- 1,600 SF
Listing Contacts
Luis Sumpter
Property Overview
Seller is buying the Buyer's rate down by 2% for 30 years, and paying all of the Buyer's customary closing costs for this brand-new duplex (saving $100's per month and $100,000's over the loan life). 3 blocks from UC Davis Med Center and the new Aggie Square! The seller is currently completing a lot split, then will begin construction on this alley-access, brand-new construction duplex, in one Sacramento's most charming older neighborhoods! Each unit boasts 800 sq.ft, with 2 bedrooms, 2 full baths, indoor laundry, and parking. Interiors showcase high-end finishes and amenities creating a perfect place for relaxation and entertainment. Stroll along Elmhurst's historic tree-lined T Street Corridor with nearby restaurants, coffee houses, shopping, parks, light-rail, bike lanes, plus easy access to all major freeways. Estimated completion is summer of 2025, and you might be able to choose some of the design elements. This is a great opportunity for an investor; or for an owner who wants to live in one unit and have a rental income from the other. If an owner lives in one of the units, the city allows full time Airbnb in the other, and you may be able to create 2 condos to sale separately after the close of escrow *** (**must use Seller's Lender) (***Buyer to verify).
Property Details
- Stories
- 2
- Lot Size (sq. ft)
- 3,049 SF
- Units
- 2
Highlights
- 3 blocks from UC Davis Med Center and new Aggie Square
- Brand new construction
- Near transit, shopping, dining
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