Bought with Alma Hodzic • Exp Realty of California Inc.
$899,000
$899,000
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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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