601 10Th St Sacramento, CA 95814

This exceptional 13-unit apartment building, located at 601 10th Street in Sacramento, CA 95814, presents a compelling investment opportunity. The 3,300 square foot, three-story Colonial Revival building boasts a 7.65% cap rate based on actual net operating income (NOI) of $107,128. Currently operating at 100% occupancy, the property features 13 single-room occupancy (SRO) units, each equipped with a kitchenette including a sink and refrigerator. Updated full bathrooms are conveniently located on both the first and second floors. Tenant convenience is maximized with included high-speed internet and utilities. A full basement provides coin-operated laundry facilities, secure storage, and bicycle storage, offering significant potential for expansion. Additional amenities include a gated parking area with two spaces and a tenant balcony. Situated on a 0.08-acre lot (APN 002-0155-032), this centrally located property offers easy access to key Sacramento landmarks such as Cesar Chavez Plaza, the State Capitol, DOCO, Kaiser Downtown Medical Center, and Golden One Arena. The property is zoned R-3A-SPD and was built in 1890. Inspection reports are available upon request. Asking price is $1,400,000 ($424.24/sq ft). This is a rare opportunity to acquire a well-maintained, high-performing multifamily asset in a prime Sacramento location.