Description
Introducing a prime investment opportunity in Vallejo, CA - a meticulously maintained 1,776 SF multifamily property with two spacious 2 bed/1 bath units. With a strong rental history and 100% occupancy, this property offers high in-place income, along with tenants responsible for PG&E. Featuring laundry hookups in both units, new water heaters and furnaces, and a roof in good condition, this property provides investors with minimal maintenance costs. Boasting a sought-after location just 3 minutes from the Ferry Building, this low-rise gem presents an enticing opportunity for the savvy investor seeking a turnkey income generator in a thriving market. Located in the vibrant city of Vallejo, CA, the area surrounding the property offers a wealth of attractions and amenities. Just minutes away, residents can enjoy the Vallejo Ferry Building, providing easy access to San Francisco and its numerous job opportunities and entertainment options. The Vallejo Waterfront Park is also within close reach, offering a picturesque escape with walking paths and scenic views. Nearby dining options include popular local eateries such as The Sardine Can and Front Room at the Wharf, ensuring a diverse culinary scene for residents to explore. With its convenient proximity to these attractions and more, this location presents an enticing opportunity for multifamily investors seeking a dynamic and attractive rental market.
Details
| MLS # | 41136406 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1983 |
| Days On Site | 91 |
| Listing Provided By | NAI Northern California | Ethan Berger |
Features
| Units | 2 |
|---|---|
| Acreage | 0.15 |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Gas Water Heater |
Exterior
| Roof | Shingle |
|---|---|
| Lot Features | Back Yard, Front Yard |
Parking
| Parking Features | Garage |
|---|---|
| Garage Yes / No | Yes |
Area Information
| State | CA |
|---|---|
| County | Solano |
| City | Vallejo |
| Zip Code | 94590 |
| Community Name | VALLEJO HILLS |
| Listing VS Median (in VALLEJO HILLS) | |
Price: $599,000 low | high Med: $474,500 On site: 91 low | high Med: 146 | |
Market Activity 94590
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Learn More About This Property
| State | CA |
|---|---|
| County | Solano |
| City | Vallejo |
| Zip Code | 94590 |
| Community Name | VALLEJO HILLS |
| Listing VS Median (in VALLEJO HILLS) | |
Price: $599,000 low | high Med: $474,500 On site: 91 low | high Med: 146 | |
