Prime location duplex next to mlb baseball stadium

501 F Street West Sacramento, CA 95605

501 F Street, West Sacramento, CA, 95605
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$495,000
Last Verified:
Apr 19, 2024

Highlights

  • Prime Location two blocks from A's MLB stadium & downtown
  • On-Site paved parking
  • Great unit mix with spacious floor plans
  • Each unit is separately metered for electricity and gas
  • Directly in path of continued rejuvenation and development
  • Near restaurants, cafes, breweries, and essential amenities

Description

*This property can be purchased individually or as part of an 8-unit portfolio from the same owner in close proximity to each other.

-451 Maple St., West Sac = 4 Houses on 1 Lot
-501 F St., West Sac = Duplex (2 Units)
-514 B St., West Sac = Duplex (2 Units)

Investor Special! This is a rare opportunity to purchase a Duplex in the booming West Sacramento market just two blocks from Sutter Health Baseball stadium and downtown. The property has been under the same ownership for 20 years! The units are stacked upstairs and downstairs with vintage exterior craftsmanship. The property features sufficient on-site parking, which is rare for any downtown location. This property is ideal to be held for future development since the area is being completely revitalized.

This Duplex is comprised of an upstairs 2B/1B unit; +/-1,083 SF; $1,035 Rent and a downstairs 3B/1 B; 1,083 SF, and $1,900 Rent.

The units are separately metered for electricity and gas, paid for directly by the tenants. The units also feature separate water heaters plus W/D hook-ups. The owner pays for water, sewer, garbage, maintenance, and repairs.

Prime Location, Location, Location!

This Duplex is in the path of development just two blocks from Sutter Health Baseball stadium and the iconic Tower Bridge which connects into the heart of Downtown Sac, along with 5th street which features extensive street improvements plus newer townhomes and apartments. The area features essential commercial amenities, breweries (Drake’s), restaurants plus nearby River Walk Park for exercising, running, and biking trails.

The property is a few miles from the Baseball Stadium (Sutter Field) which is now home to the Major League Baseball ‘Athletics’ for the next three years which will bring even more investment capital to the region plus housing will be in high demand for their staff & employees.

West Sacramento has experienced tremendous growth which has rejuvenated the area. The region features major employers such as FED EX, Amazon, Raley’s and is a few minutes from CalSTRs, Sutter Health Regional Hospital, and the State of CA offices amongst many other employers.


Year Built: 1904
Building Size: 2166sq ft
Lot Size: 0.15 acres

Map of 501 F Street, West Sacramento, CA, 95605

Presented by:
PCG Commercial, Inc.

Request additional information
Adrian Del Rio


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.