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Nicolas Romo
Direct Office:
800-659-4610
sellingcasas@gmail.com

DRE# 01787685
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Nicolas Romo
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Direct Office:
800-659-4610
sellingcasas@
gmail.com

DRE# 01787685
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2860 Florin Road,  Sacramento CA, 95822

(Active)
$2,699,000
|
10,401 sqft
|
MLS# BB23217055
Last Updated: 5/18/2024 1:52 AM
Description for 2860 Florin Road Sacramento, CA 95822
Looking for a smart investment opportunity in Sacramento, CA? Look no further than this residential and commercial property for sale! With nearly 1 acre of prime land (0.98 AC) and 10 multifamily apartments plus 2 commercial units, this property offers a perfect balance of rental income and new project development potential for developers and investors alike. The apartment buildings are split into two structures. Building 1 includes units 1-6, which are 780 square feet with 2 bedrooms and 1 bathroom each. Building 2 includes units 7-10, which are 580 square feet with 1 bedroom and 1 bathroom each. In addition to the multifamily apartments, the property features a 3,300-square-foot commercial space in Building 3 with 2 tenants. This property offers an excellent location in Sacramento and a spacious lot for future development. And with the ability to earn rental income while navigating permits for new projects, the opportunity is knocking! Don't wait - act now to take advantage of this investment opportunity.
Price
$2,699,000
Sacramento
10,401 (approx)
BB23217055
Active
Description
Looking for a smart investment opportunity in Sacramento, CA? Look no further than this residential and commercial property for sale! With nearly 1 acre of prime land (0.98 AC) and 10 multifamily apartments plus 2 commercial units, this property offers a perfect balance of rental income and new project development potential for developers and investors alike. The apartment buildings are split into two structures. Building 1 includes units 1-6, which are 780 square feet with 2 bedrooms and 1 bathroom each. Building 2 includes units 7-10, which are 580 square feet with 1 bedroom and 1 bathroom each. In addition to the multifamily apartments, the property features a 3,300-square-foot commercial space in Building 3 with 2 tenants. This property offers an excellent location in Sacramento and a spacious lot for future development. And with the ability to earn rental income while navigating permits for new projects, the opportunity is knocking! Don't wait - act now to take advantage of this investment opportunity.
Listing Information
Property Type: Mixed Use, Business Opportunities, 2 Story
0.98 Acres Assessor 10,401 (approx)
2
Public
Neighborhood
Room Information
Laundry Room
Exterior / Lot Features
0 Covered Parking Spaces,
Corner Lot,Lot Over 40000 Sqft
Driving Directions
From 5N Take exit Florin E - Corner of Florin and 29th st
Financial Considerations
04900210060000
Cash,Cash to New Loan
Listing Price History

Sacramento Real Estate

Sacramento is located in California. Sacramento, California 95822 has a population of 517,136.

The median household income in Sacramento, California 95822 is $60,886. The median household income for the surrounding county is $71,010 compared to the national median of $66,222. The median age of people living in Sacramento 95822 is 37 years.

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Listing Agent: Steve Hovakimyan CalDRE: 01363908 - City Center Realty Group, 818-209-0922
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/18/2024 1:52 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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