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416-420 Benicia
Vallejo, CA 94590

$2,995,000 USD

Apartments For Sale • 11,805 SF

Property Details

Property Type Apartments
Total Building Size 11,805 SF
Lot Size 0.22 AC
Building Class C
Year Built 1937
Cap Rate 6.98 %
Zoning Vallejo

0 Transit Score

73 Walk Score

                
                    Highlights
                
                                16-Units Consisting of Five 2bd/1bth Units, Eight 1bd/1bth Units, and Three Studios
                            
                                Remodeled Units With Strong Current Income, Excellent Rental Upside, and Low Annual Operating Expenses
                            
                                Seller Financing Available as Low as 4.25% Interest Rate, Interest-Only, 8-Year Term, with a 30% Down Payment
                            
                                Attractive Vallejo With Easy Access To HWY80 , Mare Island, And the Downtown Vallejo Historic District
                            
                                Two Separate Parcels with 8-Units Each - No On-site Manager Required 
                            
                                Low Maintenance Property with Upgraded Systems, Newer Roof, and Double-Pane Windows

Cap Rate:

6.98 %

Amenities

24 Hour Access
Microwave
Heating
Kitchen
Refrigerator
Oven
Range

Public Transportation

Airport	Drive	Walk	Distance
Metro Oakland International	45 min	-	34.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

David Howarth 510-822-1331 Pinza Group

416-420 Benicia Vallejo, CA 94590