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Image 1 - 2615 P St, Sacramento, California, 95816 - House for sale
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P St, Sacramento, Home For Sale
2615 P St, Sacramento, California, 95816

P St, Sacramento, Home For Sale

house for sale
Listed: 08/03/24

2615 P St, Sacramento, California, 95816

Studio Bed:
4,816 Sq Ft Living Area:
Save
Price
$ 1,5M

About This House

2615 P Street represents one of Midtown's most premier multifamily offerings in the GRID, with stable cash flow and additional value-add opportunity through ADU (Accessory Dwelling Unit) development on the back half of the 0.15 acre parcel. The Property is being offered for sale at$1, 500, 000.00,reflective of a 4.87% capitalization rate on actual income and operating expenses, with reassessed property taxes. The fourplex consists of four, nearly identical, one bedroom one bathroom units with spacious 900 square foot floor plates consisting of living room, dining room, kitchen, bathroom, bedroom, and laundry room. The Property has had several tasteful renovations made to modernize the residents living experience while retaining the craftsman charm of this 1924 build. All units boast an …  Full description

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Lavender Heights Housing & Living

Household Income

Median household income: $65,046
Number of households: 182,677
The average household income in Sacramento, CA grew from $56,943 to $65,046 in the past year. This data is an estimate based upon 182,677 households in Sacramento, CA.
The chart below presents how household income is distributed in Sacramento, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Sacramento, CA compared to median property taxes around the country. The prevalent amount of property taxes in Sacramento, CA equals $3k+ , which is more than the national average.