Active

1720 N Street

Sacramento CA, 95811

$3,298,000


Active

2 Beds

1 Bath

Multi-family

Built in 1952

Turton Commercial Real Estate is please to exclusively offer for sale 1720 N Street, dubbed the Ambassador Gardens'', and herein referenced as the Property'', as a rare opportunity to acquire a centrally located multifamily asset in the urban core of Sacramento. The Property is being offered for sale at $3,298,000, representing pricing of approximately $235,571 per unit. Consisting of 14 residential units, a laundry room with coin operated machines, and covered parking, Ambassador Gardens provides a healthy unit mix of one 3 bedroom 1.5 bathroom floorplan, one two bed one bath, eight 1 bed 1 bath units, and four studio options. The Property is currently 71% occupied and has just received over $100,000 in various improvements including vacant unit renovations, new fixtures and appliances, fresh exterior paint, and a new water heater. Ambassador Gardens is poised for stabilization to 100% occupancy at market rents and represents a strong value-add'' opportunity for any multifamily investor.

224027091

MLS ID

March 22, 2024

Updated

Map

1720 N Street
Sacramento CA, 95811

Interior Features

Total Stories

2


Bedrooms

2 Beds


Bathrooms

1 Bath


Interior Features

Laminate, Wood


Floor Description

Laminate, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.15 Acres


Sewer

Public Sewer

School Information

School District

Sacramento Unified

Other Property Details

Area Name

10811


Garage

No


Parking Total

3


View

No


County

Sacramento


Water Source

Public


Pool

No


Zoning

R-3A-SPD


Buyer Agency Compensation

2%

Courtesy of Ken Turton, Broker, Jack Scurfield,
Listing Contact:  

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