1101 T Street, Sacramento, CA

$2,660,000

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0.15

Acres

About 1101 T Street

1101 T Street is a mixed-use residential and retail building for sale in the Southside Park neighborhood. The property features seven (7) residential units and two (2) retail spaces spread across a 6,400 SF corner lot at 11th and T Streets. The units are comprised of six 1bed/1bath units and one 2bed/2bath units, all of which have been updated over the last three years to include new kitchens, bathrooms, paint, and flooring. The residential units are 100% leased at an average rent of $2.59 PSF, which is about $.25 PSF less than avg. rent for comparable units. The property also features 2 retail space leased by Signa Design Nursery and Betty Wine Bar & Bottle Shop, both of which have invested considerable money into their spaces and boast a loyal following of clients throughout the city. Betty is a wildly popular wine bar; their space features exposed brick, large truss beams, huge windows, and a beautiful outdoor patio that must be seen! Property is located 3 blocks from Southside Park and 6 blocks to the State Capitol, nestled on the corner of a beautiful tree-line street.

Features of 1101 T Street

MLS® # 223089681
Price $2,660,000
Acres 0.15
Year Built 1948
Type Residential Income
Sub-Type 5 or More Units
Status Active

Community Information

Address 1101 T Street
Area Sacramento Midtown
City Sacramento
County Sacramento
State CA
Zip Code 95811-6503

Amenities

Parking Street
Has Pool No

Interior

Interior Vinyl, Wood
Appliances Dishwasher, Disposal
Heating Floor Furnace
Cooling Window Unit(s)
Fireplace No

Exterior

Lot Description Corner
Foundation Concrete

School Information

Attendance Zone C.K. MCCLATCHY HIGH SCHOOL, WILLIAM LAND ELEMENTARY SCHOOL, SUTTER MIDDLE SCHOOL
District Sacramento
Elementary Sacramento Unified
Middle Sacramento Unified
High Sacramento Unified

Additional Information

Zoning C-1-SPD

Listing Details

OfficeKen Turton, Broker

Listing Map

Listing Schools/Amenities

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