Bought with Steven Level • Berkshire Hathaway
$1,400,000
$1,598,000
12.4%For more information regarding the value of a property, please contact us for a free consultation.
1135 Florida ST Vallejo, CA 94590
4,900 SqFt
Key Details
Sold Price $1,400,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,900 sqft
Price per Sqft $285
MLS Listing ID 323013415
Sold Date 06/21/23
HOA Y/N No
Year Built 1900
Lot Size 6,499 Sqft
Property Sub-Type 5 or More Units
Property Description
Excellent cash flow property in central Vallejo near Amador Park. This unique 7-unit apartment building consists of five (5) units in the front building on Florida St and two (2) additional units over four (4) individual 1-car garages in the back building on Lozier Alley. Consisting of one (1) spacious 3-bedroom unit, two (2) 2-bedroom units, three (3) 1-bedroom units and one (1) 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 wants 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.
Location
State CA
County Solano
Area Vallejo 4
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Attached, Garage, Street
Garage Spaces 4.0
Roof Type Composition,Shingle
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Special Listing Condition Offer As Is
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