$899,000
$899,000
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1900 Florida ST Vallejo, CA 94590
3,360 SqFt
Key Details
Sold Price $899,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,360 sqft
Price per Sqft $267
MLS Listing ID 323042172
Sold Date 01/08/24
HOA Y/N No
Year Built 1971
Lot Size 6,499 Sqft
Acres 0.1492
Property Sub-Type Triplex
Property Description
Spacious Triplex on a corner lot consisting of (1) 5BR/2BA unit, (1) 4BR/2BA unit, and (1) studio with an attached 2-car garage with paid solar. The two large apartments are being used as a rooming house with a total of twelve rooms rented out individually, each with their own lease agreement, for a total of 13 tenants. This property delivers excellent cash flow with a rent roll of $10,000 / month with a 13% cap rate. Whether you choose to continue operating the property as a rooming house or explore other rental options, this triplex presents an investment with a range of possibilities to capitalize on its income potential.
Location
State CA
County Solano
Area Vallejo 4
Interior
Heating Central, Solar
Cooling None
Laundry Washer/Dryer Hookups
Exterior
Garage Spaces 3.0
Waterfront Description Public
Roof Type Composition,Shingle
Total Parking Spaces 3
Private Pool No
Building
Lot Description Corner Lot, Sidewalk
Story 2
Sewer Public Sewer
Water Public
Others
Tax ID 0057153170
Security Features Double Strapped Water Heater,Smoke Detector(s)
Financing Conventional
Special Listing Condition Standard
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