Skip To Content
    Return to Previous Page

    414 Tennessee Street

    Vallejo, CA 94590
    • $659,000
    • STATUS: Active
    • ON SITE: 173 days
    • ID#: 22012361
    UPDATED: 143 min ago
    $659,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,345
      SQFT
    • $152
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1936
    County:
    Area:

    School Ratings & Info

    Description

    Comprised of three large units, this property is located on a street-to-street lot of over 6,000 SF in Vallejo, CA. Highlighted by a unique unit mix of one 4-bedroom, 1-bath flat, one 3-bedroom, 1-bath flat, and a spacious commercial space with two bathrooms, this building provides a great investment opportunity for the savvy investor. Both of the lower residential units have been recently renovated with laminate flooring and upgraded fixtures in the kitchens and baths. The spacious upper unit has two remodeled bathrooms. All three units have W/D hookups, wall heaters and window AC units. All tenants are on month-to-month leases and share the PG&E costs from the one PG&E meter. The property features new exterior paint, a large parking area and a loading entrance at the rear of the property. Currently operated as three separate units, this property provides a great way to create passive income for a new or experienced investor.

    Monthly Payment Calculator



    © 2020 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: 2020-11-25T23:55:52.73.
    www.sonomamarinhomes.com/homes/106572094
    Print Image

    414 Tennessee Street Vallejo, CA 94590

    • Price: $659,000
    • Status: Active
    • Updated: 143 min ago
    • ID#: 22012361
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,345
    SQFT
    $152
    $/SQFT
    1936
    Built
    Neighborhood:
    Vallejo 5
    County:
    Solano
    Area:
    Vallejo 5
    Property Description
    Comprised of three large units, this property is located on a street-to-street lot of over 6,000 SF in Vallejo, CA. Highlighted by a unique unit mix of one 4-bedroom, 1-bath flat, one 3-bedroom, 1-bath flat, and a spacious commercial space with two bathrooms, this building provides a great investment opportunity for the savvy investor. Both of the lower residential units have been recently renovated with laminate flooring and upgraded fixtures in the kitchens and baths. The spacious upper unit has two remodeled bathrooms. All three units have W/D hookups, wall heaters and window AC units. All tenants are on month-to-month leases and share the PG&E costs from the one PG&E meter. The property features new exterior paint, a large parking area and a loading entrance at the rear of the property. Currently operated as three separate units, this property provides a great way to create passive income for a new or experienced investor.
    Exterior Features

    Exterior Stucco Foundation Construct Cc Perimeter Garage Parking Off StreetOn StreetUncovered Lot Description Upslope Pool No Roof CompositionShingle Style Traditional Type 2 StoryApartments View No

    Interior Features

    Fireplace No Laundry Appliance W/D Hookups Unit1 Approx Sq Ft 1400 Unit1 Baths Full 1 Unit1 Bedrooms 4 Unit1 Half Baths 0 Unit1 Includes Apartment(S) Unit1 Sq Ft Source Not Measured Unit1 Total Rooms 0 Unit2 Approx Sq Ft 1400 Unit2 Baths Full 1 Unit2 Bedrooms 3 Unit2 Half Baths 0 Unit2 Includes Apartment(S) Unit2 Sq Ft Source Not Measured Unit2 Total Rooms 0 Unit3 Approx Sq Ft 1545 Unit3 Baths Full 2 Unit3 Bedrooms 0 Unit3 Half Baths 0 Unit3 Includes Apartment(S) Unit3 Sq Ft Source Not Measured Unit3 Total Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Total Rooms 0

    Property Features

    Auction No Cap Rate 6.70 City Transfer Tax Yes City Transfer Tax Rate 0.00 Common Int Dev No Deposits 0.00 Est Ann Net Income 44171.00 Est Insurance Exp 1800.00 Est Maintenance Exp 1500.00 Est Management 3078.00 Est Misc Expenses 0.00 Est Taxes 8445.00 Est Total Annual Exp 17389.00 Est Utilities Exp 2566.00 Expense Source Owner GRM 10.71 Gross Scheduled Inc 61560.00 Lot Size Source (Realist Public Rec) Monthly Expenses 1449.08 Monthly Income 5130.00 Multifamily Type Multi Unit 2-4 New Construction Or Resale Resale Operating Exp Inc GarbageInsuranceMaintenanceManagementTaxes/AssessmentsWater Planned Unit Develop No Projected Or Actual Actual Sewer Septic Sewer Public Square Footage Source Realist Public Rec Tenant Pays ElectricityGas Transaction Type Sale Unit1 Lease Term Month To Month Unit1 Rents For 1890.00 Unit2 Lease Term Month To Month Unit2 Rents For 1890.00 Unit3 Lease Term Month To Month Unit3 Rents For 1350.00 Unit4 Rents For 0.00 Water Source Water-Public Year Built Source Realist Public Rec

    Listing information © 2020 Bay Area Real Estate Information Services.
    Listing courtesy of Steven Level of Berkshire Hathaway.


    © 2020 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: 2020-11-25T23:55:52.73.
     
    https://bt-photos.global.ssl.fastly.net/bareis/1280_boomver_1_22012361-2.jpg https://bt-photos.global.ssl.fastly.net/bareis/1280_boomver_1_22012361-2.jpg https://bt-photos.global.ssl.fastly.net/bareis/1280_boomver_1_22012361-2.jpg
    Logo
    RE/MAX GOLD
    967 Golf Course Drive
    Rohnert Park CA, 94928