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Executive Summary

Looking for an investment opportunity in Sacramento? This 14-unit garden midtown apartment building boasts a prime location, just two blocks from the Capital and downtown attractions. Key Features: * Diverse unit Mix: 4 studios, 8 One-Bedroom units, 1 Two-Bedroom unit, 1 Three-Bedroom/Two-Bathroom (1490 sq. ft. two story, currently renting for $2649/month) * Additional income streams: On-site parking and owner-owned coin-operated washer/dryer contribute to the income * Low Maintenance: no on-site property manager is needed * Recent Upgrades: New 100-gallon High Efficiency water heater for the entire building partially remodeled two-bedroom unit Fresh exterior paint Brand new roof and dry rot associated with roof completed last month (1/2026) All new windows being installed and to be completed by (7/2026) *Income Growth Potential: Rents are increased as leases expire. The property offers a fantastic opportunity for investors seeking a well-maintained building with strong rental income and future potential in a highly desirable location.

Property Facts

Price $4,511,429 CAD
Price Per Unit $322,245 CAD
Sale Type Investment
Cap Rate 4.18%
No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 8,800 SF
No. Stories 2
Year Built 1956
Parking Ratio 0.45/1,000 SF
Zoning R5, Sacramento

Amenities

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 4 - -
1+1 8 - 666
2+1 1 - -
3+2 1 - -
Exceptionally walkable
90/100
Very drivable
80/100
Good public transit
60/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
006-0235-007
Land Assessment
$115,889 CAD
Improvements Assessment
$1,031,184 CAD
Total Assessment
$1,147,072 CAD
  • Listing ID: 40251140

  • Date on Market: 2026-04-22

  • Last Updated:

  • Address: 1720 N St, Sacramento, CA 95811

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