CA > Sacramento
Sacramento, CA 95815,2618 Forrest ST
Sacramento, CA 95815,2618 Forrest ST
Sacramento, CA 95815,2618 Forrest ST
Sacramento, CA 95815,2618 Forrest ST
Sacramento, CA 95815,2618 Forrest ST
Sacramento, CA 95815,2618 Forrest ST
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Cameron Ripley

Cameron Ripley

+1(530) 635-0283
$ 745,000
Est. payment | /mo

3,800 SqFt

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$ 745,000
Est. payment | /mo
Save

3,800 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,800 sqft

Price per Sqft $196

MLS Listing ID 225054351

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1946

Lot Size 0.940 Acres

Acres 0.94

Property Sub-Type 5 or More Units

Property Description

Forrest Street Apartments, a five-unit apartment community located in Old North Sacramento. Forrest Street Apartments represents a value-add opportunity to acquire a multifamily asset in an expanding Old North Sacramento submarket. While the complex has been owner-operated, the property has a rental upside through the completion of higher end renovations, and provides room for rental growth upwards of few hundred dollars per month per unit on average. The single level property sits on a spacious lot that is just short of an acre and is made up of three separate buildings with dual pane windows consisting of two duplexes and a cottage house. There are four two- bedroom/ one- bath units approximately 800 square feet with single car garages and a one- bedroom/ one- bath cottage house approximately 600 square feet. All units have been upgraded in various ways throughout the current ownership including replacement of HVAC/ mini split units (select units), water heaters (select units), and laminate flooring (select units).

Location

State CA

County Sacramento

Area 10815

Direction Follow US-50 W and I-80BL E to Arden Wy in Sacramento. Take exit 9B from I-80BL E, Continue on Arden Wy. Take Evergreen St and Eleanor Ave to Forrest St

Interior

Heating Wall Furnace, Varies by Unit

Cooling Central, Wall Unit(s), Varies by Unit

Flooring Varies by Unit

Laundry In Each Unit

Exterior

Parking Features Open, Garage

Utilities Available Natural Gas Connected, City, Electric

Water Access Desc Public

Building

Lot Description None

Story 1

Foundation Raised

Sewer Public Sewer

Water Public

Schools

Elementary Schools Twin Rivers Unified

Middle Schools Twin Rivers Unified

High Schools Twin Rivers Unified

School District Sacramento

Others

Senior Community No

Tax ID 263-0163-028

Special Listing Condition None

MetroList® Services, Inc
Listed by Mejia Realty Group-Luis Mejia
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"My mission as your Realtor is to build trust-based relationships and exceed your expectations, ensuring a seamless and rewarding real estate experience."

+1(530) 635-0283

info@visionforwardrealty.com

8150 Sierra College Blvd Ste 130

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2618 Forrest ST