2220 Capitol AVE Active

Sacramento,CA 95816

$ 2300000

4 Beds

3 Baths

3087 SqFt


Key Details

Property Type Multi-Family

Sub Type 2 Houses on Lot

Listing Status Active

Purchase Type For Sale

Square Footage 3,087 sqft

Price per Sqft $745

MLS Listing ID 225062149

Bedrooms 4

Full Baths 2

Year Built 1907

Lot Size 6,534 Sqft

Property Sub-Type 2 Houses on Lot

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!

Location

State CA

County Sacramento

Area 10816

Rooms

Dining Room Breakfast Nook,Formal Room,Dining/Living Combo,Formal Area,Other

Kitchen Breakfast Room,Ceramic Counter,Granite Counter,Island

Interior

Heating Central,MultiUnits

Cooling Central,MultiUnits

Flooring Concrete,Tile,Wood

Fireplaces Number 1

Fireplaces Type Wood Burning

Laundry Stacked Only,Upper Floor

Exterior

Parking Features Alley Access,Private,Garage Facing Rear,See Remarks

Garage Spaces 3.0

Fence Back Yard,Fenced,Wood

Utilities Available Cable Available,Public,Electric,Natural Gas Connected

Roof Type Shingle,Composition

Building

Lot Description Auto Sprinkler F&R,Garden,Landscape Back,Landscape Misc,Low Maintenance

Story 3

Foundation Concrete

Sewer Public Sewer

Water Public

Schools

Elementary Schools Sacramento Unified

Middle Schools Sacramento Unified

High Schools Sacramento Unified

School District Sacramento

Others

Special Listing Condition None

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