Multifamily
3540 J Street
3540 J St, Sacramento, CA 95816
Listing Price: $1,650,000
Investment Overview
Marcus & Millichap is pleased to present 3540 J Street, a 9-unit multifamily dwelling located in the revered East Sacramento near Mercy General Hospital. The property is comprised of (2) studio units (6) one-bedroom/one-bathroom units, and (1) one-bedroom/one-bathroom unit which includes a garage.
Featuring three stories, the property provides tenants with exceptional access to neighborhood amenities.
Current ownership has held the property for many decades. Rent comparables suggest that gross monthly income for the property has about 58% upside, making for a massive opportunity for the next owner. Once restored to its glory, 3540 J Street will feature prominently on J Street as a top destination for renters seeking East Sacramento housing combined with historical appeal.
All tours must be scheduled through listing agents. Please do not disturb residents or management.
Exclusively Listed By
Listing Price: $1,650,000
Investment Highlights
- Value-add opportunity to own charming architecture and vintage construction in an unbeatable East Sacramento location.
- Walking distance to Mercy General Hospital
- Laundry facility on-site, bike storage in the basement and one-car garage attached to a unit.
Investment Overview
Marcus & Millichap is pleased to present 3540 J Street, a 9-unit multifamily dwelling located in the revered East Sacramento near Mercy General Hospital. The property is comprised of (2) studio units (6) one-bedroom/one-bathroom units, and (1) one-bedroom/one-bathroom unit which includes a garage. Featuring three stories, the property provides tenants with exceptional access to neighborhood amenities. Current ownership has held the property for many decades. Rent comparables suggest that gross monthly income for the property has about 58% upside, making for a massive opportunity for the next owner. Once restored to its glory, 3540 J Street will feature prominently on J Street as a top destination for renters seeking East Sacramento housing combined with historical appeal. All tours must be scheduled through listing agents. Please do not disturb residents or management.
Exclusively Listed By
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