1706-1708 Sutter St - Apartments FOR SALE
Vallejo, CA 94590 |
$1,350,000 USD
510-847-1004
1706-1708 Sutter St
Vallejo, CA 94590
HIGHLIGHTS
- (4) 1 bed, 1 bath units + (1) Studio + Commercial parking lot; Walk Score® Very Walkable (88)
- Parking Lot Can Be Leased for ~$3K/Month - Passive Income Opportunity!
- Separately Metered for PG&E - 3/5 Units Pay All utilities
- Opportunity Zone!
- High 7.12% in Place Cap Rate & 8% Market Cap! Excellent in place income with significant upside in the rents
- Recent Renovations - New Staircases, New Water Heater, Upgrades to Studio
OVERVIEW
1706-1708 Sutter St & 604 Tennessee St. - (4) 1 bed, 1 bath units + (1) Studio + (1) Commercial Parking Lot
(4) Separate Parcels - (1) Duplex + (1) Triplex + (2) Commercial Parking Lot
Parking Lot Can Be Leased for ~$3K/Month - Passive Income Opportunity!
Recent Renovations - New Staircases, New Water Heater, Upgrades to Studio
Separately Metered for PG&E - 3/5 Units Pay All utilities
Opportunity Zone!
Walk Score® Very Walkable (88)
Excellent in place income with significant upside in the rents
High 7.12% in Place Cap Rate & 8% Market Cap!
FOR SALE DETAILS
PRICE
$1,350,000 USD
PRICE/SF
$428 USD /SF
# OF UNITS
5
PRICE/UNIT
$270,000
CAP RATE
7.12%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
ADD'L SUBTYPES
Storefront Retail/Residential, Office/Residential
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1917
PARKING SPACES
31
LAND DETAILS
LAND ACRES
0.19 AC
LAND SF
8,224 SF
ZONING
-
APN/PARCEL ID
0056-052-230,0056-052-240
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510-847-1004
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510-847-1004
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