321 T St 7 Unit Apartment Building $1,599,000 ($228,429/Unit) 5.80% Cap Rate Sacramento, CA 95811

ALIVE Commercial Real Estate is proud to present T Street Townhomes, a charming seven-unit multifamily investment opportunity ideally located in Sacramento's highly sought-after Southside Park neighborhood, bordering Downtown Sacramento. The property features an attractive unit mix of five spacious two-bedroom/one-bath townhomes and two large two-bedroom/one-bath flats, all offering functional open floor plans and modern interior finishes that appeal to today's renters. In 1994, Building #2 was newly constructed, adding four townhome units, while Building #1 underwent a comprehensive renovation, modernizing its three existing units. Situated just two blocks from Southside Park, one of Downtown Sacramento's premier urban parks spanning nearly 20 acres and six city blocks, residents enjoy immediate access to a lake, community pool, tennis courts, basketball courts, multiple playgrounds, and expansive green space. The property is also within walking distance of many of Sacramento's most desirable destinations, including the State Capitol, Golden 1 Center, Old Sacramento, and the city's thriving downtown dining, entertainment, and employment centers. This exceptional location offers a unique combination of a quiet residential neighborhood and convenient access to the energy and amenities of Downtown Sacramento, making it highly desirable for quality tenants. The next owner will acquire a well-maintained, stabilized, low-maintenance asset with strong in-place operations and excellent long-term appreciation potential.