4 bedroom house for sale

Vallejo CA 94590

Overview

Affordable Vallego Fourplex with great upside potential. Current Rents total $69, 552 with a GRM or 12.22. Market rents according to Rentomater Pro are $87, 708 with rents at full market value the GRM would be 9.82. The building consists of 4 1 bedroom and 1 bath units. Several of the units have had some updating. The Building also has a laundry area (not currently in use). The seller owns two additional lots adjacent to the 4 plex that are for sale for an additional $100, 0000 those lots combined are just over.1 of an acre. They are currently being used as a parking lot. We have been told by the previous owners that those lots may be buildable. Long-term tenants with zero rent balances and low monthly expenses.

Details

  • Beds: 4
  • Baths: 4
  • Price: $850,000
  • Reference No.: 72306335
  • Area: 2,400 sqft

Location

Vallejo CA 94590

4 bedroom house for sale

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2024-05-27, Viewed 1 times.