Vallejo, CA 94590,1900 Florida ST
Listed by Cathy Rojas • RE/MAX Gold-Vallejo
Bought with Alma Hodzic • Exp Realty of California Inc.

$899,000

$899,000

Est.Price: ?

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Est. payment /mo

7,500 Beds

5 Baths

3,360 SqFt


SOLD DATE : 01/08/2024

Key Details

Sold Price $899,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,360 sqft

Price per Sqft $267

MLS Listing ID 323042172

Sold Date 01/08/24

Bedrooms 7500

HOA Y/N No

Year Built 1971

Lot Size 6,499 Sqft

Property Description

Spacious Triplex on a corner lot consisting of (1) 5BR/2BA unit, (1) 4BR/2BA unit, and (1) studio with an attached 2-car garage with paid solar. The two large apartments are being used as a rooming house with a total of twelve rooms rented out individually, each with their own lease agreement, for a total of 13 tenants. This property delivers excellent cash flow with a rent roll of $10,000 / month with a 13% cap rate. Whether you choose to continue operating the property as a rooming house or explore other rental options, this triplex presents an investment with a range of possibilities to capitalize on its income potential.

Location

State CA

County Solano

Area Vallejo 4

Interior

Heating Central, Solar Heating

Cooling None

Exterior

Garage Garage, Interior Access, Off Street, Street

Garage Spaces 3.0

Roof Type Composition,Shingle

Building

Sewer Public Sewer

Water Public

Others

Special Listing Condition None

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