643 E I St
Sold

643 E I St

643 E I St, Benicia, CA 94510

$1,450,000
101,000 PRICE REDUCTION: 5 units located in the sought-after landlord-friendly Solano County.. 5th unit has rental income of $2,195. Pride of Ownership units (same owner for 20+years) are located in a neighborhood of beautiful custom water-view homes. Views of the bay from upper unit and only 1 block to the water. 4 2-bedroom units and an additional studio unit. All but one of the units have been completely upgraded and remodeled. The 2 bedroom units are separately metered for gas and electricity . The complex has an onsite coin-operated laundry. Development possibility for additional units with garages - check with Planning Department of Benicia. Gross Rental Income $126,960 per year.(includes laundry income) 13.78 is the Gross Rent Multiplier. Cap Rate is 5.

3,304 Sq.Ft. LIVING AREA

6,156 Sq.Ft. lot

Gerarda Stocking

Gerarda Stocking

Features & Amenities

Interior

  • Laundry room Coin Operated, Dryer, Washer
  • Flooring Laminate, Vinyl, Carpet
  • APPLIANCES Disposal, Dryer, Washer
  • other interior Features Updated Baths, Updated Kitchen

Area & Lot

  • Status Sold
  • Living Area3,304 Sq.Ft.
  • Lot Area6,156 Sq.Ft.
  • MLS® ID41060018
  • TypeOther
  • YEAR BUILT1970
  • School DistrictBenicia Unified

Exterior

  • water SourcePublic
  • utilitiesSewer Connected, All Public Utilities
  • roofOther
  • lot featuresRegular
  • parkingOff Street, Side By Side, 4-7 Cars
  • HEAT TYPEOther
  • AIR CONDITIONINGWall/Window Unit(s)
  • sewerPublic Sewer
  • other exterior FeaturesBack Yard, Terraced Down, Landscape Back, Landscape Misc, Garden

Financial

  • Sales Price$1,450,000

Work With Us

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