1706 Sutter St.

Vallejo, CA 94590

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 15514
    Sqft(Lot)
$1,350,000

Description

1706-1708 sutter street & 604 tennessee st. in vallejo, ca. is a 5 unit property in an opportunity zone consisting of four one bed, one bath units, one "non-conforming" studio, and a commercial parking lot in downtown vallejo. the commercial parking lot has historically been leased for $3k/month, granting an opportunity for passive income. the sizable 790sqft units are individually metered for pg&e which all tenants pay. 3/5 units pay all utilities, keeping expenses low for owners. one unit is vacant making this a perfect opportunity for new or experienced investors to charge market rate rent or for owner/users to fill the space. recent renovations include new staircases, one new water heater, and significant upgrades to the studio unit. it also provides a space for owners and tenants to park and store vehicles behind a security gate. 1706-1708 sutter st. lies in an opportunity zone, given owners possible tax relief. it boasts a high 7.29% cap rate with room for upside in the rents.

  • Property Type

    Residential Income

  • County

    Solano

  • Style

    Residential Income

  • AD ID

    47314131

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Interior Features

    • Roof : Shingle
    • Property Appliances: Gas Water Heater

    Cooling Features

    • Air Conditioning

    Heating Source

    • Has Heating

  • Building Information

    • Year Built: 1917
    • Construction: Stucco
    • Roof: Shingle

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.3562
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 15514

  • Listing Price Information

    • Original List Price: 1,350,000
    • Listing Contract Date: 2024-10-16

    Lease Information

  • Tax Information

    • Parcel Number: 0056052240

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood:
    • Directions: Suuter St. & Tennessee St. Cross Street: Tennessee St..
    • Source Property Type: Residential Income

    Building and Construction

    • Property Age: 107
    • Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 11/19/2024 @ 13:27

  • MLS: 41076518
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 15,514 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Vallejo , in zip code 94590, this Solano County Home , it is in the VALLEJO HIGHLAND Subdivision, are nearby neighborhoods.