$1,450,000
$1,550,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
643 E I St Benicia, CA 94510
6 Beds
3,304 SqFt
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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Bought with GerardaStocking