Active

2009 N Street

Sacramento CA, 95811

$2,050,000


$347.46 per sqft

Active

5,900 sqft

Multi-family

Built in 2014

Listed by Kelly Rivett with Cornish & Carey Commercial 916-569-2385

Newmark, as the exclusive advisor, is pleased to present a prime investment opportunity at 2009 N Street, Sacramento, CA, a fully leased, fee simple property promising stable returns in a thriving urban locale. Priced at $2,050,000 and an acquisition Cap Rate of 5%, this dynamic investment property boasts two distinct buildings: 2009 N ST- a colonial structure with three modern and renovated residential flats, and the other, 2009 Matsui Alley-Federalist Pizza- a trend-setting pizza restaurant and taproom within 7 creatively re-purposed shipping containers. The combination of robust residential leasing and a strong commercial presence provides investors with a balanced portfolio offering long-term stability and profitability. Don't miss the chance to own this exceptional investment property, perfectly positioned to capitalize on Sacramento's real estate growth and dynamic urban lifestyle.

ML81985833

MLS ID

November 6, 2024

Listed

December 5, 2024

Updated

Map

2009 N Street
Sacramento CA, 95811

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.15 Acres


Architectual Style

Colonial, Custom


Roof

Composition, Metal


Sewer

Public Sewer

School Information

School District

Sacramento City Unified

Other Property Details

Area Name

699 - Not Defined


Taxes

$22,550


Tax Frequency

Annually


Days on Market

28


Garage

No


Parking Total

0


View

No


County

Sacramento


Water Source

Public


Pool

No


Zoning

C-2

Listing Contact: 4087279600 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 1:27 PM UTC

 

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