643 E I St

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

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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 For Sale
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$1,550,000

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If you're looking for a positive, helpful partner who is ready to provide you with exceptional service, let's talk today! We are professional real estate brokers and agents who will help make your search for a new home an enjoyable experience in the Tri-valley and Greater East Bay area.

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$1,550,000

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Gerarda Stocking

Features & Amenities

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Area & Lot

Exterior

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Contact Details

Gerarda Stocking | CA DRE# 00586995

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