318 12th Street
318 12th Street, Sacramento CA 95814
Downtown
Use Multifamily / Retail /
Lease or Sale Sale,
Leasable SF ±1,200 SF
Lease Rate $1.67 SF / Month
Building Size ±4,835 SF
Sale Price $1,000,000
318 12th Street is centrally located in the Downtown Business District as an excellent value-add investment opportunity! The property is fully leased, comprised of a commercial/retail space converted to a residential unit (approximately 1,500 square feet), one 2-bedroom 2-bath residential unit, two 1-bedroom 1-bathroom residential units, and two secured parking garages, one of which is leased to a commercial tenant. Three of the residential units features newer flooring and paint, beautifully updated kitchens and bathrooms, newer appliances, washers and dryers, ample storage space, and central air conditioning and heat. The property currently generates Gross Annual Income of $69,120.
Suites
Unit B
Size 1,200 SF
Rate $1.67 SF/Month
Lease Type Mod Gross