827 Pennsylvania St, Vallejo, CA 94590

$749,900
: 3,846
SqFt

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

List Price: $749,900
Status: ACTIVE
Days on Market: 2
MLS#: 326076275
Subtype: Residential Income
Year Built: 1912
Living Area: 3,846
Lot Size: 6,499
Acres: 0.15
Neighborhood: Vallejo 3
MLS Area Major: Vallejo 3

New Search

Property Description

Don't miss this fantastic income-producing property in the heart of West Vallejo! Perfectly positioned for seasoned investors or those looking to start their portfolio, this 1912-built, 6-unit property offers a gross scheduled income of $6,388 per month and a competitive 7.10 cap rate. The property boasts an excellent unit mix featuring: two spacious 2-bedroom/1-bath units and three 1-bedroom/1-bath units, all currently tenant-occupied. The sixth unit is a studio currently utilized as storage, offering a unique value-add opportunity to either retain for owner use or convert back to an active rental to boost your cap rate even further. Tenants enjoy convenient in-unit laundry features and separate electric and gas meters, keeping operating expenses manageable for the owner. Situated on a sizable 6,500 sq. ft. lot, the property also includes a single garage that comes with one unit, off-street, and street parking. Also an alley on back of property as well

800-930-5101

Search All Properties

Additional Information