1827 T Street, Sacramento, CA 95811, Sacramento, 95811 - 4 bed, 3 bath
ACTIVE$950,000
1827 T Street, Sacramento, CA 95811
4Beds
3Baths
2,744Sqft
6,534Lot
Price Vs. Estimate
The estimated value ($950,000) is $0 (0%) lower than the list price ($950,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Midtown Location: Highly desirable area in Midtown Sacramento, offering excellent walkability to amenities, dining, entertainment, and convenient freeway access, enhancing rental demand and property value.
Top Cons:
Sold As-Is Condition: The property is being sold 'AS-IS,' which may imply potential for deferred maintenance, necessary repairs, or upgrades that a buyer would need to budget for.
Compared to the nearby listings
Price:$950.0K vs avg $805.0K (+$145,000)75%
Size:2,744 sqft vs avg 2,020.5 sqft75%
Price/sqft:$346 vs avg $41531%
More Insights
Built in 1898 (127 years old).
Condition: Built in 1898, this property features very outdated kitchens and bathrooms that appear to have had no major renovations in 30-50+ years. The kitchen lacks visible modern appliances and features old cabinetry and countertops. Bathrooms are functional but dated in style, with older fixtures and finishes. Exposed electrical conduit in living areas and the presence of window AC units suggest an older electrical system and lack of central HVAC. While the roof, stairs, and porch were recently updated (2019), the interior requires substantial rehabilitation and modernization, consistent with a property being sold 'AS-IS' that has significant deferred interior maintenance.
Year Built
1898
Close
-
List price
$950K
Original List price
-
Price/Sqft
$346
HOA
$0
Days on market
-
Sold On
-
MLS number
225090992
Home ConditionPoor
Features
Deck
View-
About this home
Location, Location! Prime investment opportunity in a highly desirable area in Midtown Sacramento. A Triplex and a large private backyard with development potential. It features an exceptional unit mix with a spacious 2-bedroom/1-bath & 1-bedroom/1-bath units downstairs, a spacious 3-bedroom/1-bath with a sunroom upstairs. A big size one car garage access in the back alley. It just half block from Safeway Center & Wells Fargo Bank, minutes from Golden 1 Center, Downtown Commons, Midtown's top dining and entertainment, and nearby freeways. New stairs and new porch. Newer roof and gutters installed in 2019. Laundry room in the back. Outdoor access to backyard. Property to be sold AS-IS.
Condition Rating
Poor
Built in 1898, this property features very outdated kitchens and bathrooms that appear to have had no major renovations in 30-50+ years. The kitchen lacks visible modern appliances and features old cabinetry and countertops. Bathrooms are functional but dated in style, with older fixtures and finishes. Exposed electrical conduit in living areas and the presence of window AC units suggest an older electrical system and lack of central HVAC. While the roof, stairs, and porch were recently updated (2019), the interior requires substantial rehabilitation and modernization, consistent with a property being sold 'AS-IS' that has significant deferred interior maintenance.
Pros & Cons
Pros
Prime Midtown Location: Highly desirable area in Midtown Sacramento, offering excellent walkability to amenities, dining, entertainment, and convenient freeway access, enhancing rental demand and property value.
Income-Generating Triplex: A multi-unit property (Triplex) providing diverse rental income streams with a mix of spacious 1-bedroom, 2-bedroom, and 3-bedroom units.
Development Potential: Features a large private backyard with explicit mention of development potential, offering future expansion or additional unit possibilities.
Recent Capital Improvements: Significant updates including a newer roof and gutters installed in 2019, along with new stairs and a new porch, reducing immediate major capital expenditures for a buyer.
Spacious Unit Mix: The property boasts an exceptional unit mix with generously sized units, including a 3-bedroom unit with a sunroom, appealing to a broader tenant base.
Cons
Sold As-Is Condition: The property is being sold 'AS-IS,' which may imply potential for deferred maintenance, necessary repairs, or upgrades that a buyer would need to budget for.
Historic Property Maintenance: Built in 1898, the property's age may lead to ongoing maintenance challenges, potential for outdated systems (plumbing, electrical), and higher upkeep costs compared to newer constructions.
Limited On-Site Parking: Only a single-car garage is available for a triplex, which could be insufficient for multiple tenants and may lead to parking inconveniences or reliance on street parking.