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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0BEDS
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0.15ACRES
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0BATHS
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01/2 BATHS
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4,900SQFT
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$357$/SQFT
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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