Sac Midtown Homes with Varies by Unit Property Condition

Sac Midtown Homes with Varies by Unit Property Condition

Welcome to Sacramento's vibrant Midtown, a dynamic neighborhood that perfectly blends urban allure with a welcoming community spirit. Known for its rich cultural scene, Midtown is a hub of creativity, featuring an eclectic mix of art galleries, trendy boutiques, and a diverse array of dining options. Whether you're in the mood for a cozy café, a gourmet restaurant, or a lively bar, Midtown has something to satisfy every palate.

As you explore this charming area, you’ll discover its unique architectural charm, with historic buildings standing alongside modern developments. The neighborhood boasts a variety of homes that cater to different lifestyles and preferences. From quaint bungalows to contemporary condos, the property condition varies by unit, allowing prospective buyers to find a residence that perfectly aligns with their vision. Whether you’re seeking a fixer-upper to make your own or a move-in ready gem, Midtown offers an array of options to suit your needs.

Outdoor enthusiasts will appreciate the abundance of parks and green spaces, perfect for leisurely strolls, picnics, or weekend gatherings with friends. The vibrant community also hosts numerous events throughout the year, fostering a sense of belonging and connection among residents.

With its prime location just minutes from downtown Sacramento, Midtown is not only a place to live but a lifestyle to embrace. Experience the charm, culture, and community that make Midtown Sacramento a sought-after destination for homebuyers looking for a unique blend of urban living and neighborhood warmth. Come discover your dream home in this enchanting enclave!

Newest Sac Midtown Homes with Varies by Unit Property Condition

$1,599,000
4,630 SqFt. 226074712 MLS
NEW PRICE - $1,599,000 Historic Midtown Craftsman Fourplex + Flex Space $121,740 Annualized Scheduled Income A rare opportunity to acquire a stabilized multifamily property in the heart of Midtown Sacramento offering a compelling combination of income, historic character and flexibility. This 4,630 SF Craftsman fourplex generates $121,740 in annualized scheduled income, including garage income, with tenants paying their own gas and electric. At the new price, the property offers an approx. 4.9% cap rate based on normalized operating expenses. Originally built in 1900, 815 17th Street showcases the craftsmanship that makes Midtown properties so difficult to replicate, including coffered ceilings, original built-ins, Murphy beds, pocket doors, picture rails, wainscoting, hardwood floors and extensive period millwork. The property consists of four income-producing residential units plus two income-producing garages, providing valuable off-street parking in the heart of Midtown. A substantial lower-level flex space includes a kitchen, bathroom, bedroom area and living area. While not represented as a legal rental unit, the space provides exceptional flexibility for owner use, guests, home office, studio, fitness area, storage or other personal uses. The property has benefited from numerous improvements and ongoing maintenance, highlighted by the installation of a 50-year roof in 2022. Located just blocks from the State Capitol, Sutter Medical Center, Golden 1 Center and the R Street Corridor, with Midtown's restaurants, coffee shops, parks, nightlife and arts scene nearby. Now offered at $1,599,000, 815 17th Street presents a unique opportunity for investors, 1031 exchange buyers and owner-users seeking stabilized income, substantial square footage and irreplaceable historic character in one of Sacramento's most desirable urban neighborhoods.

815 17th Street, Sacramento

Listing courtesy of eXp Realty of California, Inc..

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