Homes for sale - 515 21st ST, Sacramento, CA 95811

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Irik Edens

irik@fullofhearthomes.com +1(530) 350-9522

$ 2,150,000

Est. payment -/mo

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515 21st ST Sacramento, CA 95811

4,356 Sqft Lot

UPDATED:

10/22/2024 08:44 PM

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 224117333

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1968

Lot Size 4,356 Sqft

Acres 0.1

Property Description

515 21st Street is located in Boulevard Park - a quiet and historic neighborhood in Midtown Sacramento esteemed for its original craftsman and colonial homes, spectacular tree canopy, and easy walking and biking distance to dozens of cafes, grocers, employers, bars, and venues. This property features a total building area of approximately 4,161 square feet, comprising a two-story building with 17 dorm-style studios, two shared kitchens, three shared bathrooms and one bathroom in the managers unit, and one shared laundry room. It also offers six covered parking stalls, in addition to abundant street parking. The building has undergone recent renovations, boasting modern interior and exterior finishes that enhance its appeal. Positioned as the most affordable housing option in Midtown, it promises reliable cash flow when fully leased with a Proforma Net Operating Income of $141,915. The location is highly desirable, within walking and biking distance to a variety of popular Midtown amenities. These include La Costa Cafe, New Roma Bakery, Target, Bonfare Market, Ace Hardware, The Mill Coffee, At Ease Brewing, among others, as well as several accessible bus stops, making it an attractive choice for tenants seeking convenience and affordability in a vibrant community.

Location

State CA

County Sacramento

Area 10811

Direction The Property is located on the NE corner of 21st Street and Eggplant Alley, in between E and F Street, in the heart of the Boulevard Park neighborhood district.

Interior

Heating Central

Cooling Central

Flooring Carpet, Tile

Laundry In Common Area

Exterior

Parking Features Covered

Utilities Available Cable Available, Natural Gas Connected, Electric, Internet Available

Water Access Desc Public

Total Parking Spaces 6

Building

Lot Description Sidewalk

Foundation BrickMortar

Sewer Public Sewer

Water Public

Schools

Elementary Schools Sacramento Unified

Middle Schools Sacramento Unified

High Schools Sacramento Unified

School District Sacramento

Others

Senior Community No

Tax ID 003-0132-001-000

Special Listing Condition Other

Listed by Ken Turton, Broker

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+1(530) 350-9522

irik@fullofhearthomes.com