Michael Reed

REALTOR®
License# 01856846
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2722 T Street, Sacramento, CA 95816

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$1,095,000

2722 T STREET, SACRAMENTO, CA 95816

$1,095,000

MLS# 226088950

Active

  • TypeResidential Income
  • Year Built
  • Days On Market
  • Total Finished Sq. Ft.
  • Lot Size
  • Acres

Property Description

2722-2730 T Street is a 5-unit apartment building located in the historic Newton Booth neighborhood in Midtown. The two-story property includes 4 one-bedroom units and 1 two-bedroom unit, each with their own address number and exterior front door off T Street. The units are efficient and spacious at an average size of 870 square feet, and feature original millwork and cabinetry, hardwood floors, and original architectural features. The partial but full-height basement includes shared laundry and additional free tenant storage. The property is located at the corner of 28th and T Streets, just two short blocks from the Sacramento Food Co-Op, Temple Coffee Roasters, and Bus80 on and off ramps. The average existing rent is $1,590 per month ($1.82 PSF), so a buyer can take advantage of attractive upside in the rents and instituting RUBS. Priced at $1,095,000 ($219,000 per door) which is a 5% cap rate based on actual income and expenses.

Michael Reed

Michael Reed

Marketed By

License# 01856846

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Property Details 2722 T STREET, SACRAMENTO, CA 95816

  • Sub Type: 5 or More Units
  • School District: Sacramento
  • County: Sacramento
  • On Market Date: 07/16/2026
  • Date Last Updated: 07/16/2026
  • Year Built: 1923
  • Terms: Cash, Conventional
  • Garage Description: Street
  • Construction: Stucco, Wood
  • Roof Type: Shingle
  • Floors: Carpet, Wood
  • Foundation: Raised
  • Lot Description: Corner
  • Lot Size (Sq. Ft.): 3,049
  • Heating: Other
  • Cooling: Window Unit(s)
  • Water: Public
  • Sewer: Public Sewer
  • Utility: Sewer Connected, Electric, Natural Gas Connected
  • Air: Window Unit(s)
  • Tax Amount.: $0
  • Parking: Street
  • Security Features: Varies By Unit
  • Special Conditions: None
  • The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

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