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1409 Victorian Alley #1409
Sacramento, CA 95818

$1,099,000 heart
4 Bed
4.0 Bath
1686 ft2
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3D Tour
Email donhenrich@gmail.com or Text owner for a reply Please do not call. This Duplex (1 unit up 1409 & 1 unit down 1411 ) Victorian alley is fully furnished and rented. High income rental property mixed of short and long term rents. ***The adjacent duplex (1413-15 Victorian Alley ) is the same floor plan and it is also fully furnished and rented with high income guest/Tenants. The adjacent property in the rear (1412 V Street $849,000 ) is also for sale in this 3 building sale. Total of the 3 buildings (net annual income of $333,000 ) is discounted to $2,999,000. The location shown on map is incorrect. Wonderful income stream from the fully furnished monthly and short term 4 rented units ! Almost new building. Annual net income is approximately $115,378+- from short and long term rents 2022. $1,099,00 Value is a Capitalization rate is .0961%. Cap rate without tax and insurance is 10.3%. Great rental area of Midtown Sacramento. Walking and biking area close to the R-Street entertainment district. State Capital and downtown are short distance. An entire City block of Unlimited free parking is a short 2 minute walk from the buildings. There is free street no meter parking on neighboring streets. Photos are labeled as "Down" for downstairs 1 bedroom and "Down" ADU Studio unit. Photos labeled "UP" are the upstairs 1 bedroom unit, and the also "Up" ADU Studio unit. Total of (4 rental units including ADU's) in this duplex up & down, not side by side units.
Email donhenrich@gmail.com or Text owner for a reply Please do not call. This Duplex (1 unit up 1409 & 1 unit down 1411 ) Victorian alley is fully furnished and rented. High income rental property mixed of short and long term rents. ***The adjacent duplex (1413-15 Victorian Alley ) is the same floor plan and it is also fully furnished and rented with high income guest/Tenants. The adjacent property in the rear (1412 V Street $849,000 ) is also for sale in this 3 building sale. Total of the 3 buildings (net annual income of $333,000 ) is discounted to $2,999,000. The location shown on map is incorrect. Wonderful income stream from the fully furnished monthly and short term 4 rented units ! Almost new building. Annual net income is approximately $115,378+- from short and long term rents 2022. $1,099,00 Value is a Capitalization rate is .0961%. Cap rate without tax and insurance is 10.3%. Great rental area of Midtown Sacramento. Walking and biking area close to the R-Street entertainment district. State Capital and downtown are short distance. An entire City block of Unlimited free parking is a short 2 minute walk from the buildings. There is free street no meter parking on neighboring streets. Photos are labeled as "Down" for downstairs 1 bedroom and "Down" ADU Studio unit. Photos labeled "UP" are the upstairs 1 bedroom unit, and the also "Up" ADU Studio unit. Total of (4 rental units including ADU's) in this duplex up & down, not side by side units.
Basic Details
Bedrooms
4
Bathrooms
4.0
Square Feet
1,686 ft2
Year Built
2022
Property Type
2-4 Units
Has HOA
No
Interior Details
Exterior Details