Address not disclosed Sacramento, CA 95814

An opportunity to acquire 1421 G Street, a classic 3-story walk up apartment building in Mansion Flats, a desirable submarket of Downtown Sacramento, Ca. Built in 1916, this well preserved and Pride of Ownership property runs street to alley and fronts G Street, between 14th and 15th Street. 1421 resides on a .15/acre parcel and offers an investor 6-spacious one-bedroom/ one bath units ( approximately 1,000sf each) and a detached 5-car garage. All apartments units and garages are leased by working professionals, Income upside can be achieved through rent increases and the implementation of a utility reimbursement program. Current rents, on average are 20% below market rents averaging $1,512 a unit. With units this size and in this location, market rents should fetch $1,750 a month or $1.75 sf. Recent Capital Improvements include a new roof, new exterior paint, and a new rear stairwell. Please call or email listing broker for an Offering Memorandum