$610,000
$599,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
739 Alabama ST Vallejo, CA 94590
2,410 SqFt
Key Details
Sold Price $610,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,410 sqft
Price per Sqft $253
MLS Listing ID 324074788
Sold Date 01/14/25
HOA Y/N No
Year Built 1930
Lot Size 4,687 Sqft
Acres 0.1076
Property Sub-Type Triplex
Property Description
This is a large property. 2 buildings and 3 spacious units all independently metered for gas and electric. A great opportunity to start your real estate portfolio or add to it on your way to being a real estate mogul. Rentometer.com puts rents between $5385 (lower range), and $5942 (mid range), monthly. Gross rent multiplier of 10 is based on an average of these two numbers. The CAP rate based on 60% of that average number. (60% is a reasonable industry-standard for net rental income after deducting expenses.) Live in one unit and rent the other two or rent all three. A great opportunity either way. Three separate electric meters and three separate gas meters
Location
State CA
County Solano
Area Vallejo 4
Interior
Cooling None
Laundry Other
Exterior
Waterfront Description Public
Total Parking Spaces 1
Private Pool No
Building
Lot Description Curb(s), Curbs/Gutters
Sewer Public Sewer
Water Public
Schools
School District Solano, Elementary: Vallejo City Unified, Middle/Junior: Vallejo City Unified, High: Vallejo City Unified
Others
Tax ID 0056082400
Financing Conventional
Special Listing Condition Standard
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