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1135 Florida Street

Vallejo, CA 94590
  • $1,750,000
  • STATUS: Active
  • ON SITE: 53 Days
  • ID#: 322072359
UPDATED: 33 min ago
$1,750,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,900
    SQFT
  • $357
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Description

Excellent cash flow property in central Vallejo near Amador Park. This unique 7-unit apartment building consists of 5 units in the front building on Florida St and 2 additional units over 4 individual 1-car garages in the back building on Lozier Alley. Consisting of one spacious 3-bedroom unit, two 2-bedroom units, three 1-bedroom units and a studio, this great investment property features a shared central courtyard and separate meters for gas and electric. There is also a separate room with laundry hookups if a new owner wanted to generate additional income. Most units have been upgraded over the years and the property has been consistently maintained under the current ownership. With strong in-place rents, this investment provides a new owner with strong fundamentals for long term value and income appreciation, as well as the tax benefits that come with investment real estate ownership.

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© 2022 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX GOLD. Data last updated: 2022-09-24T14:57:49.883.
www.sonomamarinhomes.com/homes/131482379
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1135 Florida Street Vallejo, CA 94590

  • Price: $1,750,000
  • Status: Active
  • On Site: 53 Days
  • Updated: 33 min ago
  • ID#: 322072359
0
Beds
0
Baths
0
½ Baths
0.15
Acres
4,900
SQFT
$357
$/SQFT
1900
Built
Neighborhood:
Vallejo 4
County:
Solano
Area:
Vallejo 4
Property Description
Excellent cash flow property in central Vallejo near Amador Park. This unique 7-unit apartment building consists of 5 units in the front building on Florida St and 2 additional units over 4 individual 1-car garages in the back building on Lozier Alley. Consisting of one spacious 3-bedroom unit, two 2-bedroom units, three 1-bedroom units and a studio, this great investment property features a shared central courtyard and separate meters for gas and electric. There is also a separate room with laundry hookups if a new owner wanted to generate additional income. Most units have been upgraded over the years and the property has been consistently maintained under the current ownership. With strong in-place rents, this investment provides a new owner with strong fundamentals for long term value and income appreciation, as well as the tax benefits that come with investment real estate ownership.
Exterior Features

Carport Spaces 0 Covered Spaces 0 Foundation Details Concreteperimeter Independent Parking Spaces 0 Lot Features Landscape FrontShape RegularSidewalk Open Parking Spaces 0 Parking Features AttachedGarageStreet Parking Total 4 Roof CompositionShingle Tandem Parking Spaces 0

Interior Features

1 Bedroom Units Total 3 2 Bedroom Units Total 2 3 Bedroom Units Total 1 4 Bedroom Units Total 0 Commercial Units Total 0 Cooling None Heating Wall Furnace Laundry Features In Common AreaWasher/Dryer Hookups Studio Units Total 1

Property Features

Association Fee 0 Association YN No Auction No Availability Date 1800-01-01T00:00:00 Gross Income 150024 Property Sub Type 5 Or More Units Property Type Residentialincome Separate Meters ElectricityGas Sewer Public Sewer Subtype Description Apartments Tenant Pays ElectricityGas Water Source Public

Listing information © 2022 Bay Area Real Estate Information Services. Listing courtesy of Steven Level of [OFFICENAME: ..


© 2022 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX GOLD. Data last updated: 2022-09-24T14:57:49.883.
 
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