6601 44th Street

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6601 44th Street

Sacramento, CA 95823
Asking Price
Contact for price
Asset Type
Multifamily
Class
Class B

What's Special

6601 44th Street is located in South Sacramento, situated within a primarily residential and light industrial area. The property offers proximity to the Florin Road retail corridor, providing tenants with access to grocery stores, pharmacies, and diverse dining options. Regional connectivity is facilitated by the nearby Highway 99 interchange and multiple Sacramento Regional Transit bus stops along 44th Street and Florin Road. The neighborhood features a mix of single-family homes and apartment complexes, supported by local schools and community parks like Southgate Park. This multifamily asset is suited for long-term residential leasing, serving a stable tenant base that values proximity to major employment hubs in South Sacramento and Elk Grove. The location is ideal for workforce housing, attracting a demographic of local service workers, healthcare professionals at nearby medical centers, and commuters using the Highway 99 corridor. The property’s configuration typically supports individuals or families seeking access to essential urban amenities while maintaining a residential atmosphere.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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