Sac Downtown/Midtown Homes with Separate Gas Meter Utility Features

Welcome to the vibrant heart of Sacramento, where the Downtown and Midtown neighborhoods seamlessly blend urban sophistication with a lively community spirit. This dynamic area is known for its eclectic mix of historic charm and modern amenities, making it a sought-after destination for both young professionals and families alike.

Sacramento's Downtown is a bustling hub filled with trendy restaurants, art galleries, and entertainment venues, while Midtown boasts a more laid-back atmosphere, dotted with quaint coffee shops, boutique stores, and lush parks. Residents enjoy the best of both worlds, with easy access to the Sacramento River, outdoor festivals, and a thriving nightlife scene. The area is also home to a rich cultural tapestry, featuring museums, theaters, and an array of local events that celebrate the city’s diversity.

One of the standout features of homes in the Downtown and Midtown region is the availability of properties with separate gas meter utility features. This unique aspect allows homeowners the flexibility of managing their energy consumption efficiently, making it an ideal choice for those who value sustainability and cost-effectiveness. Whether you’re looking to invest in a charming Victorian or a contemporary condo, these homes provide the perfect balance of comfort and convenience.

As you explore the possibilities of living in Sacramento’s Downtown and Midtown, you’ll discover a community that embraces innovation while honoring its rich history. Experience the lively atmosphere, welcoming neighborhoods, and the unique charm that makes this area truly special. Your dream home awaits in the heart of California’s capital!

Newest Sac Downtown/Midtown Homes with Separate Gas Meter Utility Features

$995,000

226120941 MLS

Exceptional mixed-use investment and owner-user opportunity in the heart of Downtown Sacramento. The approximately 4,835-square-foot building offers a unique combination of commercial and residential income, with additional upside through the potential conversion of existing garage units. The ground floor office features approximately 1,920 square feet with 3 private offices, open workspace, and a bathroom. The ground floor is available for occupancy upon close of escrow, or, the Seller is willing to lease back the ground-floor office which, if rented for $2 per square foot, would provide an additional $3,840 per month in rental income (subject to negotiated lease terms). The property currently generates $4,267 per month in rental income from three leased apartment units and one garage unit. The residential mix includes one 2-bedroom/1-bathroom unit and two 1-bedroom/1-bathroom units. With a Seller leaseback of the ground-floor office at $2.00/SF, gross monthly income would increase to approximately $8,107 per month. The property two tandem-size garage stalls offer potential for conversion to additional residential units, including studio or 1-bedroom configurations, creating an opportunity to increase the property's income-producing potential. With a versatile mix of commercial and residential uses, established rental income, flexible owner-user options, and potential for future value-add improvements, 318 12th Street presents a compelling opportunity in Downtown Sacramento.

318 12th Street, Sacramento

Listing courtesy of Ken Turton, Broker.

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