1505 E Street

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Source: MetroList

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SGILLPET

Historic triplex opportunity in Sacramento's desirable Mansion Flats. Built in 1900, this classic property showcases timeless architectural character including high ceilings, original built-ins and vintage detailing that reflect the charm of early Sacramento homes. The property features three units, with two currently occupied and one vacant, offering immediate income with the potential to increase rents and add value over time. When fully occupied, the property generates approximately $5,000 per month in rental income. It's ideal for local investors, 1031 exchange buyers or someone who wants to rent two units and live in one. Located in the heart of downtown Sacramento, the home sits near restaurants, coffee shops, nightlife, and the vibrant downtown core, making it an attractive location for tenants seeking walkability and urban convenience. This historic property presents a value-add opportunity for investors looking to restore and improve a classic Sacramento triplex. With some deferred maintenance and cosmetic updates, the property offers significant upside while preserving its historic charm. A rare chance to own a turn-of-the-century income property in one of Sacramento's most character-rich neighborhoods.

1505 E Street, Sacramento, CA 95814

Market Report for 95814

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