1515 22nd St, Sacramento, CA 95816

Prime investment opportunity in the heart of Midtown Sacramento. The property features four 1-bedroom/1-bath units. Units 1 and 4 are currently operating as short-term rentals, each generating approximately $2,200 per month. Unit 3 is leased to a long-term tenant at $1,540, while Unit 2 is currently vacant. As a long-term rental, the property has the potential to generate a total monthly income of $7,090. The building showcases historic charm with its columned entryway, classic architectural detailing, and wood siding construction. It also benefits from recent upgrades including a new roof and gutter, replaced just one year ago. Interiors have been thoughtfully updated with modern kitchens that include white cabinets, quartz countertops, recessed lighting, and stainless-steel appliances. The open living areas feature durable laminate or hardwood flooring, large windows that provide abundant natural light, and ceiling fans to enhance comfort and airflow. Wall A/C units are installed in units 1, 2, and 3, while unit 4 is equipped with a mini split system for efficient heating and cooling.