17
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$1,495,000
Est. payment /mo
1 Bed
1 Bath
3,480 SqFt
Active
601 Alabama St Vallejo, CA 94590
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Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,480 sqft
Price per Sqft $429
MLS Listing ID EB41110303
Bedrooms 1
Year Built 1961
Lot Size 6,500 Sqft
Property Sub-Type Five or More Units
Source Bridge MLS
Property Description
8-unit apartment complex with excellent current income and strong rental upside. The property offers eight 1bd/1bth units and is currently 100% occupied. The property was originally built in 1961, offers approximately 3,480 square feet of rental space, and sits on a 6,400 square foot lot with ample room for off-street parking. The interior has been fully remodeled with new kitchens, new bathrooms, new flooring, lighting and more. The exterior also offers numerous upgrades including newer paint, seal coated asphalt, a new roof, new fencing, and newer exterior lighting. The property is easy to manage and is separately metered for PG&E providing for low annual operating expenses. The interior and exterior are in great condition with no deferred maintenance providing an attractive turn-key investment for the next owner. The property is located in an Opportunity Zone providing excellent tax benefits. This is a high-demand location near numerous restaurants, coffee shops and shopping in Downtown Vallejo. The property is only a short drive to HWY 37, the Vallejo Marina, and Mare Island making this a popular rental location.
Location
State CA
County Solano
Area Other Area
Interior
Cooling Other
Flooring Other
Exterior
Exterior Feature Other
Parking Features Other
Garage Spaces 8.0
Roof Type Other
Building
Lot Description Other
Water Public
Others
Tax ID 005-607-6020
Special Listing Condition Not Applicable
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