Benicia, CA 94510,643 E I St

$1,450,000

Est. payment /mo

$1,550,000

6.5%
Est.Price: ?

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643 E I St Benicia, CA 94510

6 Beds

3,304 SqFt

SOLD DATE : 10/03/2024

Key Details

Sold Price $1,450,000

Property Type Other Types

Sub Type OTHER

Listing Status Sold

Purchase Type For Sale

Square Footage 3,304 sqft

Price per Sqft $438

MLS Listing ID 41060018

Sold Date 10/03/24

Bedrooms 6

HOA Y/N No

Year Built 1970

Lot Size 6,156 Sqft

Acres 0.14

Property Description

101,000 PRICE REDUCTION: 5 units located in the sought-after landlord-friendly Solano County.. 5th unit has rental income of $2,195. Pride of Ownership units (same owner for 20+years) are located in a neighborhood of beautiful custom water-view homes. Views of the bay from upper unit and only 1 block to the water. 4 2-bedroom units and an additional studio unit. All but one of the units have been completely upgraded and remodeled. The 2 bedroom units are separately metered for gas and electricity . The complex has an onsite coin-operated laundry. Development possibility for additional units with garages - check with Planning Department of Benicia. Gross Rental Income $126,960 per year.(includes laundry income) 13.78 is the Gross Rent Multiplier. Cap Rate is 5.

Location

State CA

County Solano

Area Listing

Rooms

Basement None

Interior

Interior Features Updated Baths, Updated Kitchen

Heating Other

Cooling Wall/Window Unit(s)

Flooring Laminate, Vinyl, Carpet

Fireplace No

Appliance Dryer, Washer

Laundry Coin Operated, Dryer, Washer

Exterior

Exterior Feature Back Yard, Terraced Down, Landscape Back, Landscape Misc, Garden

Utilities Available Sewer Connected, All Public Utilities

Total Parking Spaces 6

Building

Lot Description Regular

New Construction No

Schools

School District Benicia Unified

Others

Tax ID 0089073190

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Bridge MLS
Listed by Gerarda Stocking • Stocking Realty
Bought with GerardaStocking

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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