Description
4-unit multi-family residential investment spread across two parcels with a 8.55% current cap rate and a 8.76 grm. the unit mix features one 3bd/1bth single-family home, one duplex with two 2bd/1bth units, one studio unit, and two potential rv units. the properties were built in 1928, offer approximately 2,885 square feet of living space, and sit on a combined lot size of 10,454 square feet. the units have been remodeled over time and offer newer kitchens, bathrooms, wood floors, custom fixtures, upgraded electrical and plumbing, new paint, and no deferred maintenance. the rear duplex and studio units have separate backyards with ample parking space. the property has been historically easy to manage and is separately metered for pg&e providing for low annual operating expenses. the property will be delivered almost 100% vacant making this a perfect opportunity for an owner-occupant, extended family, or investor seeking maximum market rents. the two parcels create a rare opportunity to maximize the cash flow potential and offer development potential.
Property Type
Residential IncomeCounty
SolanoStyle
Residential IncomeAD ID
49346401
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
Water/Sewer
- Sewer : Public Sewer
Cooling Features
- See Remarks
- Air Conditioning
Heating Source
- See Remarks
- Has Heating
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Exterior Features
Building Information
- Year Built: 1928
- Construction: See Remarks
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2393
- Lot Size Source: Public Records
- Lot Size Square Feet: 10425
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Listing Information
Listing Price Information
- Original List Price: 895,000
- Listing Contract Date: 2025-04-12
Lease Information
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Taxes / Assessments
Tax Information
- Parcel Number: 0059124140
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Other
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood:
- Directions: Benicia Rd right on Evans Ave Cross Street: Benicia Rd.
- Source Property Type: Residential Income
- Property SubType: Quadruplex
Building and Construction
- Property Age: 97
- Structure Type: Quadruplex
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 04/16/2025 @ 23:05
- MLS: 41093181
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 7 bedrooms which is for sale, it has 0 sqft, 10,425 sized lot, and 0 parking. are nearby neighborhoods.