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2221 I Street, Sacramento, CA 95816
$1,515,000
2221 I Street, Sacramento, CA 95816View this property at 2221 I Street, Sacramento, CA 95816
2221 I StreetSacramentoCA95816
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Property Description
** Exceptional Midtown Sacramento Investment Opportunity ** This 6-unit complex is in the highly sought-after neighborhood of Boulevard Park in the heart of Midtown. Because of the central location of this landmark property, you are away from freeway noise and overpass traffic. Along with the six 1 bed/1 bath units, 5 leasable or currently leased storage units come with this property for extra income. Or use the large lot, which provides alley access for value-add, potential lot split developmental opportunities (Buyer to investigate). The large front units come equipped with an expansive family room and dining room along with exquisite hardwood floors and washer and dryer hook-ups. This building has experienced incredibly stable tenancy over the years, with it being so close to restaurants, entertainment, art studios, and the Golden 1 Center. A 2-year roof certification, Section 1 pest clearance, new exterior paint, and meticulous landscaping come complete with the sale.
Full Property Details
Full Property Details for 2221 I St
General
- Sold For: $1,515,000
- Taxes: $4,485
- Status: Closed
- Type: Multi-Family
- MLS ID: 221078523
- Added to Site: 1, 017 day(s) ago
Interior
- Interior Features: Storage Area(s)
- Flooring: Linoleum, Wood
Rooms
Other Rooms
- Laundry: Other
Additional Information
- Security/Safety: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
Exterior
- Deck/Patio: Varies by Unit, Enclosed Deck
Parking
- Garage Spaces: 4
- Attached/Detached: 4
- Parking Features: Street
- Parking: Street
Location
- County: Sacramento
- Cross Streets: 22nd Street
- Driving Directions: From Hwy80 west, off on H St exit, turn left under freeway, left on 29th St, right on I St to address. From Hwy80 east, off on E St, follow 29th St to I St, turn right on I St to address.
School Information
- School District: Sacramento
- Elementary School: Sacramento Unified
- Middle School: Sacramento Unified
- High School: Sacramento Unified
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Window Unit(s)
- Heating Type: Floor Furnace, Wall Furnace
Structural Information
- Construction: Plaster, Wood
- Basement Desc.: Storage Area, Partial
- Roof: Shingle
- Stories/Levels: 2
- Year Built: 1922
Unit Information
- 1 Bedroom Units: 5
Unit 1
- Bedrooms: 1
Unit 2
- Bedrooms: 1
Unit 3
- Bedrooms: 1
Unit 4
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1483
- Lot Size (Sq. Ft.): 6,460
- Zoning: R-3A
Financial Considerations
- Price Per Sq. Ft.: $411.13
- Price Per Acre: $10,215,778.83
- Other Fee: $1,200
- Tax Amount: $4,485
- Terms: 1031 Exchange, Cash, Conventional
- Tenant Pays: Cable TV, Electricity, Gas
- Tenant Expense: Cable TV, Electricity, Gas
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.50%
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Schools
Schools serving 2221 I St
School District:Sacramento City Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
520 18th St, Sacramento, CA 95811 | PK-6 | 0.5 mi | |
3150 I St, Sacramento, CA 95816 | 7-8 | 0.7 mi | |
3066 Freeport Blvd, Sacramento, CA 95818 | 9-12 | 2.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2221 I St
Date
Details
Price
Change
Source
10/29/2021
Sold
$1,515,000
-5.02%
MLS
8/06/2021
Listed
$1,595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2221 I Street, Sacramento, CA 95816 (MLS# 221078523) is a Multi-Family property that was sold at $1,515,000 on October 29, 2021. This property was listed by Chris Reyes from our Sacramento Metro Office.Want to learn more about 2221 I Street? Do you have questions about finding other Multi-Family real estate for sale in Sacramento? You can browse all Sacramento real estate or contact a Coldwell Banker agent to request more information.