739 Alabama ST Active

Vallejo,CA 94590

$ 675000

3110 Beds

3 Baths

2410 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,410 sqft

Price per Sqft $280

MLS Listing ID 324074788

Bedrooms 3110

HOA Y/N No

Year Built 1930

Lot Size 4,687 Sqft

Property Description

This is a large property. 2 buildings and 3 spacious units all independently metered for gas and electric. A great opportunity to start your real estate portfolio or add to it on your way to being a real estate mogul. Rentometer.com puts rents between $5385 (lower range), and $5942 (mid range), monthly. Gross rent multiplier of 10 is based on an average of these two numbers. The CAP rate based on 60% of that average number. (60% is a reasonable industry-standard for net rental income after deducting expenses.) Live in one unit and rent the other two or rent all three. A great opportunity either way. Three separate electric meters and three separate gas meters

Location

State CA

County Solano

Area Vallejo 4

Interior

Heating Varies by Unit

Cooling None

Exterior

Parking Features Varies by Unit

Garage Spaces 1.0

Building

Sewer Public Sewer

Water Public

Schools

School District Vallejo City Unified,Vallejo City Unified,Vallejo City Unified

Others

Special Listing Condition None

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