1814 E St, Sacramento, CA 95811

Colliers is pleased to present 1814 E Street, a rare opportunity to purchase a well-kept 9-unit apartment complex located in the thriving New Era Park neighborhood of Midtown Sacramento. The subject property is situated on a spacious .15 Acre lot with 5,170 square feet of rentable living space. 1814 E Street consists of one two story building that was constructed in 1975. Four of the nine units have been completely renovated with new white cabinets, vinyl plank flooring, granite countertops, new ceiling fans and updated bathrooms with new lighting fixtures. One unit just became vacant and owner will be doing a full remodel which will bring in an additional $4,800 a year in income. The subject property is constructed with stucco throughout most of the building, beautiful landscape in the courtyard area and gated secured entrance. The unit mix consists of nine 1-bedroom/1-bathroom units that all vary in size and each of the downstairs units come with a sliding door to a backyard patio. A few new recent upgrades also include new doors, some new heating and air conditioners and brand-new stainless steele appliances. Other amenities include a laundry room on-site and back parking lot for tenants to enjoy.