1007 Grant St - Apartments FOR SALE


Vallejo, CA 94590- South Vallejo
$849,900 USD
916-730-3846
1007 Grant St, Vallejo, CA for Sale
$849,900 USD
Apartments - FOR SALE
1/53
null | 7.31% Cap Rate

1007 Grant St
Vallejo, CA 94590
South Vallejo


HIGHLIGHTS

  • Stucco Exterior
  • Extra Parking Available

OVERVIEW

Affordable Vallego Fourplex with great upside potential. Current Rents total $78,257 with garbage pass-through. GRM of 10.86! The building consists of 4 1 bedroom and 1 bath units. Several of the units have had some updates. The building also has a laundry area (not currently in use). Long-term tenants with zero rent balances and low monthly expenses. The seller owns two additional lots adjacent to the 4 plex that are included in the Sale! Those lots combined are just over .1 of an acre. They are currently being used as the parking lot. We have been told by the previous owners that those lots may be buildable. The lots are both Addressed 1015 Grant Street APN's 0062-054-450, 0062-054-460.

FOR SALE DETAILS

PRICE

$849,900 USD

PRICE/SF

$425 USD /SF

# OF UNITS

4

PRICE/UNIT

$212,475

CAP RATE

7.31%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

Multifamily

APN/PARCEL ID

0062-054-300

ASK ABOUT THIS PROPERTY

Ron BenningRon BenningMore Info
916-730-3846

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Ron BenningRon BenningMore Info
916-730-3846

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.