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1416 22nd St 1416 22nd St 5 Unit Apartment Building $1,360,320 CAD ($272,064 CAD/Unit) 5.16% Cap Rate Sacramento, CA 95816
INVESTMENT HIGHLIGHTS
- Rental Upside
- Pitched Roofs
- Off-street Parking
- Craftsman Bungalow
- Centrally Located
EXECUTIVE SUMMARY
Colliers is pleased to present 1416 22nd Street, A charming craftsman’s style 5-unit investment property in the heart of Midtown Sacramento built in 1910. The 2,746 sqft property sits on a 0.07 lot and features a historic structure with a pitched composition roof along with wood siding. Composed of a mix of three Studios and two 1-bedroom units.
1416 22nd Street offers a prime location in the heart of Sacramento, providing residents with convenient access to a wide array of amenities. Just steps away are popular dining destinations such as Zocalo’s, Jack’s Urban Eats, and Seasons Coffee Roasters, along with everyday essentials like Safeway grocery store. The property is also within proximity to leading healthcare facilities including Sutter Health, Mercy Medical Group, and the UC Davis Health Clinic. For entertainment, the Golden 1 Center and Sacramento’s vibrant nightlife are just a short drive away, making this location ideal for both comfort and convenience.
This unique opportunity offers a blend of historic charm and modern comfort, making it an appealing and comfortable place for any resident to call home.
1416 22nd Street offers a prime location in the heart of Sacramento, providing residents with convenient access to a wide array of amenities. Just steps away are popular dining destinations such as Zocalo’s, Jack’s Urban Eats, and Seasons Coffee Roasters, along with everyday essentials like Safeway grocery store. The property is also within proximity to leading healthcare facilities including Sutter Health, Mercy Medical Group, and the UC Davis Health Clinic. For entertainment, the Golden 1 Center and Sacramento’s vibrant nightlife are just a short drive away, making this location ideal for both comfort and convenience.
This unique opportunity offers a blend of historic charm and modern comfort, making it an appealing and comfortable place for any resident to call home.
PROPERTY FACTS
| Price | $1,360,320 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $272,064 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 5.16% | Building Size | 2,746 SF |
| Gross Rent Multiplier | 10.77 | No. Stories | 3 |
| No. Units | 5 | Year Built | 1910 |
| Property Type | Multifamily | Parking Ratio | 0.73/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | R3A, Sacramento | ||
| Price | $1,360,320 CAD |
| Price Per Unit | $272,064 CAD |
| Sale Type | Investment |
| Cap Rate | 5.16% |
| Gross Rent Multiplier | 10.77 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 2,746 SF |
| No. Stories | 3 |
| Year Built | 1910 |
| Parking Ratio | 0.73/1,000 SF |
| Zoning | R3A, Sacramento |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 3 | $1,674 CAD | 465 |
| 1+1 | 2 | $2,630 CAD | 665 |
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Walk Score®
Walker's Paradise (93)
Bike Score®
Biker's Paradise (99)
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