521 15th Street, Sacramento, CA 95814

Property Description

This stunning, historically preserved Victorian fourplex in Sacramento's premier Mansion Flats neighborhood combines timeless 19th-century elegance with exceptional investment flexibility. Featuring dramatic 10 to 12-foot ceilings, intricately restored architectural details, and unique split-flat layouts, these easy-to-rent units amplify natural light and attract steady tenant interest. Positioned in a highly walkable urban core, the property sits blocks from the Capitol, DOCO and the Golden 1 Center, and is perfectly poised to benefit from nearby major urban revitalization projects like The Railyards development and the new soccer stadium. The immediate neighborhood includes historic architecture in a mature tree canopy with vibrant local coffee houses, live music venues and acclaimed fine and casual dining spots. Current rents on these spacious units provide upside potential for immediate value-add income growth as the area continues to thrive. With one unit soon becoming vacant, this is a rare opportunity for an owner-occupant to move into a grand historic flat and enjoy downtown living, while using the revenue from the other three units to help pay down the mortgage. Plus, this 140 year old building comes with a clear section 1 pest report...A true unicorn.