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Capitol Avenue, Sacramento, CA 95816
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$2,300,000
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Home Details for Capitol Avenue
Price
$2,300,000
Type
other
Bedrooms
4
Total Bathrooms
3
Full Bathrooms
2
Half Bathrooms
1
Year Build
1907
Sq. Ft.
3087
Lot Size
0.15
County
Sacramento
Total Rooms
8
Garage
3
Basement
Full
MLS®️ Listing#
225062149
On exitrealty.com
183 days
Property Description
Look no further for the chance to own an incredible investment opportunity in the prestigious Capitol Mansions neighborhood of Midtown. This pride of ownership asset consists of 2 residential structures, 2220 Capitol Ave. & 2221 Matsui Alley, with a primary 4 bed, 2.5 bath unit and three additional rental units that generated approximately $76,000 gross income in 2024. The primary unit at 2220 Capitol has retained its historic craftsman charm while boasting extensive renovations made in 2016, and hosts exquisite features such as pocket doors, a cozy breakfast nook, luxury kitchen, wine fridge, custom glass work, and stunning Lumens light fixtures throughout. The attached lower-level units include a studio and a 1bd/1ba unit with shared entryway & laundry room. These units may be used as income generating Airbnb's, or as an office or in law quarters within the primary unit. The backyard provides a peaceful oasis with low maintenance landscaping, fountain, garden lighting, plenty of patio space, and access to 2221 Matsui Alley, a 3-car garage with a second story 1bd/1.5ba luxury ADU that generates very strong rental demand. This is a rare opportunity to live in luxury while using rental income to offset your mortgage!
- Utilities
- Natural Gas Available
- Cable Available
- Natural Gas Connected
- Electricity Available
- Parking
- Alley Access
- Private
- See Remarks
- Cooling Information
- Multi Units
- Central Air
- Heating Information
- Central
- Water Features
- Public
- House Interior
- Storage
- Basement
- Full
- Fire Place
- Wood Burning
Listing Courtesy: Ken Turton, Broker - 916-573-3300. Presented by: Jack B Scurfield
CA DRE# 01520140. Kris Klair Broker
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EXIT CAPITAL REALTY
2100 Watt Ave Suite #140, Sacramento, CA 95825
CA DRE# 02236377. Sam Samadi Broker (CA DRE# 01520140. Kris Klair Broker)
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$2,300,000
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EXIT CAPITAL REALTY
2100 Watt Ave Suite #140, Sacramento, CA 95825
CA DRE# 02236377. Sam Samadi Broker (CA DRE# 01520140. Kris Klair Broker)