915 24th Street, a current four-plex, with approved plans to finish out the first floor and turn the complex into an eight-plex. This is a rare opportunity for a future investor to acquire 913 & 915 24th Street with pre-approved site plans offered within the same historical district by similar properties. The site plans include an already designed eight-unit development, approximately 3,343 total livable square feet, zoned multifamily. By converting each existing building into a two-unit building with two ADU's in the first floor, this project gives the prospective buyer or tenants' the ability to design and furnish the units to their respective touch. With pre approved plans, the two contractors that have been through the building have stated it will take about $200,000-300,000 to complete each building, with a total rehab expected in the $550,000 range. Thus for just about two million, an owner can expect to have a turn key, newly renovated eight-plex in a great location in Midtown Sacramento.
Listing Agent: Isaak Heitzeberg Courtesy of: Marcus & Millichap Real Estate The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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