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9B Duplex 2421 Binnen Ln

2 Unit Apartment Building $1,147,724 CAD ($573,862 CAD/Unit) Sacramento, CA 95818

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Executive Summary

New construction duplex in premier downtown Sacramento location. Residents of the community enjoy a serene urban courtyard, and walkability to the popular Sunday farmer's market, Bike Dog Brewery, Selland's Cafe and brand new Michelin star rated restaurant, The Kitchen. Highly desirable area and low maintenance design with gross rents monthly rents averaging $4,810. Units can be leased prior to close of escrow. Comprised of a ground level studio and upper level 2-3 Bedroom, 2 bath residence with rooftop deck. Units feature expansive window walls, interiors flooded with natural light, hardwood flooring, individual laundry rooms and a one car attached garage with additional storage. Ultra energy efficient systems and appliances, upgraded insulation, cool roof and EV wiring provided in this progressive, all-electric building. A truly low maintenance investment in the center of all downtown Sacramento has to offer.

Financial Summary (Pro forma - 2025)	Annual (CAD)	Annual Per SF (CAD)
Gross Rental Income	$82,912	$42.98
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$82,912	$42.98
Taxes	$13,019	$6.75
Operating Expenses	$5,344	$2.77
Total Expenses	$18,362	$9.52
Net Operating Income	$64,550	$33.46

Financial Summary (Pro forma - 2025)

Gross Rental Income (CAD)
Annual	$82,912
Annual Per SF	$42.98

Other Income (CAD)
Annual	-
Annual Per SF	-

Vacancy Loss (CAD)
Annual	-
Annual Per SF	-

Effective Gross Income (CAD)
Annual	$82,912
Annual Per SF	$42.98

Taxes (CAD)
Annual	$13,019
Annual Per SF	$6.75

Operating Expenses (CAD)
Annual	$5,344
Annual Per SF	$2.77

Total Expenses (CAD)
Annual	$18,362
Annual Per SF	$9.52

Net Operating Income (CAD)
Annual	$64,550
Annual Per SF	$33.46

Property Facts

Price	$1,147,724 CAD	Apartment Style	Garden
Price Per Unit	$573,862 CAD	Lot Size	0.03 AC
Sale Type	Investment	Building Size	1,929 SF
No. Units	2	No. Stories	3
Property Type	Multifamily	Year Built	2024
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,147,724 CAD
Price Per Unit	$573,862 CAD
Sale Type	Investment
No. Units	2
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Garden
Lot Size	0.03 AC
Building Size	1,929 SF
No. Stories	3
Year Built	2024
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.