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Investment Highlights

  • Updated Electrical
  • Central Heat and Air
  • Great Downtown Location
  • New Roof
  • Remodeled Units

Executive Summary

609-611 16th St is a mixed use building consisting of 4 apartments and retail coffee shop. 2 of the units are 1 bed 1 bath, completely remodeled. The other 2 units are furnished studios operating as midterm rentals, completely remodeled. The roof was replaced within the last 7 years. The electrical has been updated. The property has new dual pane windows. The apartments have mini split units providing central heat and air. The units are separately metered for gas and electric. There is a common laundry area for tenants convenience.

Data Room Click Here to Access

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,665,005 CAD
Price Per Unit $333,001 CAD
Sale Type Investment
Cap Rate 6.41%
Gross Rent Multiplier 10.8
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.07 AC
Building Size 3,272 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1900/2019
Opportunity Zone Yes
Zoning C-2

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 $2,125 CAD -
Studios 2 $2,508 CAD -
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
002-0173-002
Land Assessment
$341,935 CAD (2026)
Improvements Assessment
$940,325 CAD (2026)
Total Assessment
$1,282,260 CAD (2026)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 41703997

  • Date on Market: 2026-08-11

  • Last Updated:

  • Address: 609-611 16th St, Sacramento, CA 95814

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