Listing provided courtesy of Kelly Rivett of Cornish & Carey Commercial. Last updated 2024-11-07 09:11:24.000000. Listing information © 2024 Sandicor.
Asking Price: $2,050,000
2009 N, Sacramento CA 95811
Community: 699 - Not Defined
This Triplex property was built in 2014 and is priced at $2,050,000. Please see the additional details below.
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.