933 Kentucky St

Vallejo , CA 94590

MLS#: 41109920

$945,000

Status: Active
Listing number: 41109920
Listing provided by: The Pinza Group, Inc
Listing agent phone: None
Last update: a day ago
On site: a month ago
Browse Properties
VALLEJO HILLS - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1992

Sq.Footage

N/A

5-unit apartment complex featuring three 2bd/1bth units and two 1bd/1bth units with strong current income. The current cap rate is 6.57% and the current GRM is 10.72. Excellent seller financing is available for well qualified buyers. The property offers approximately 4,145 square feet of rental space and sits on a 6,500 square foot lot with three garages and two off-street parking spaces. The units have been remodeled over time and feature updated kitchens and bathrooms with hardwood floors, newer carpet, new paint, custom tile and lighting, and mature landscaping. The property is easy to manage and separately metered for water and PG&E providing for low annual operating expenses. Currently, the property is 100% leased to stable tenants with rents below market. The property is located in an Opportunity Zone providing excellent tax benefits. This is an attractive Vallejo location near a variety of different restaurants, shopping options, Mare Island and the Vallejo Marina. The Dead Fish and The Sardine Can restaurants are nearby along with the Brewery and Distillery on Mare Island. The San Francisco Bay Ferry provides daily service to San Francisco, Sausalito, Tiburon, providing easy access to world-class cities and Giants and Warriors games.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

  • Heating YN

    YES

  • Heating

    See Remarks

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Wood Siding

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1492

  • Property Type

    Residential Income

Price

  • Sales Price

    $945,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

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Location

County

Solano

Elementary School

Middle School

High School

Listing Courtesy of David Howarth , The Pinza Group, Inc

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5-unit apartment complex featuring three 2bd/1bth units and two 1bd/1bth units with strong current income. The current cap rate is 6.57% and the current GRM is 10.72. Excellent seller financing is available for well qualified buyers. The property offers approximately 4,145 square feet of rental space and sits on a 6,500 square foot lot with three garages and two off-street parking spaces. The units have been remodeled over time and feature updated kitchens and bathrooms with hardwood floors, newer carpet, new paint, custom tile and lighting, and mature landscaping. The property is easy to manage and separately metered for water and PG&E providing for low annual operating expenses. Currently, the property is 100% leased to stable tenants with rents below market. The property is located in an Opportunity Zone providing excellent tax benefits. This is an attractive Vallejo location near a variety of different restaurants, shopping options, Mare Island and the Vallejo Marina. The Dead Fish and The Sardine Can restaurants are nearby along with the Brewery and Distillery on Mare Island. The San Francisco Bay Ferry provides daily service to San Francisco, Sausalito, Tiburon, providing easy access to world-class cities and Giants and Warriors games.

933 Kentucky St

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