Sac Downtown/Midtown Homes with Separate Water Meter Utility Features

Welcome to Sacramento's vibrant Downtown and Midtown neighborhoods, where urban sophistication meets artistic flair! Nestled in the heart of California's capital, these districts are a delightful blend of history, culture, and modern living. With tree-lined streets, eclectic shops, and a thriving culinary scene, Downtown and Midtown are perfect for those seeking a dynamic lifestyle.

As you explore this lively area, you'll discover a rich tapestry of experiences. Attend a concert at the Golden 1 Center, enjoy a leisurely stroll through the lush gardens of Capitol Park, or indulge in the local art scene with galleries and murals that tell the story of this city's creative spirit. The neighborhoods are also home to numerous parks, farmers' markets, and vibrant nightlife, ensuring there's always something exciting happening just around the corner.

For those considering a home in this bustling locale, many properties come equipped with separate water meter utility features. This is a significant advantage, offering homeowners greater control over their water usage and expenses. Whether you’re looking for a charming bungalow or a modern loft, having a separate water meter allows for more accurate billing and can lead to potential savings—ideal for eco-conscious residents.

In Sacramento's Downtown and Midtown, you’ll find a community that thrives on connection and innovation. With its unique blend of urban energy and residential comfort, this region is not just a place to live; it’s a lifestyle waiting to be embraced. Come and discover your new home in this enchanting part of California!

Newest Sac Downtown/Midtown Homes with Separate Water 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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