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Listed by Ethan Berger • NAI Northern California
$ 575,000
Est. payment /mo
New
814 York St. Vallejo, CA 94590
2,582 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,582 sqft
Price per Sqft $222
Subdivision Vallejo Heights
MLS Listing ID 41116236
HOA Y/N No
Year Built 1905
Lot Size 5,850 Sqft
Property Sub-Type Quadruplex
Source Bridge AOR
Property Description
SELLER WILLING TO CREDIT UP TO $75K FOR NECESSARY REPAIRS. BRAND NEW LAMINATE FLOORING, TIGHT LOOP CARPET, PAINT, AND PLUMBING IN 3/4 UNITS. HIGH 8.3% CAP RATE IN PLACE. 814 York Street in Vallejo, CA is a Victorian-style fourplex property consists of one 2b/1b unit, two 1b/1b units, and one large studio unit on a large 6,000sqft lot. All 4 units are occupied making this an excellent opportunity for new/experienced investors to obtain a cash flowing asset in the heart of Vallejo. Each unit is separately metered for PG&E. New owners have the ability to implement a Reimbursement Utility Billing System to keep expenses low upon turnover. Additionally, tenants enjoy a large backyard area and off-street parking. 814 York St. is one of the most conveniently placed properties in Vallejo as it close to commuting routes such as the SF Ferry (0.4mi), Sonoma Blvd (0.1mi), Interstate 80 (1.5mi), i-780 (1.2mi), and the Carquinez Bridge (2.8mi). Owners and tenants also have the pleasure of easy access to national retailers, grocery outlets, restaurants, and Vallejo's downtown amenities. The placement of 814 York St. provides a unique opportunity for Owners to market vacancies as Vallejo has a population of about 125,000 making it one of the most populous cities in the North Bay.
Location
State CA
County Solano
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s)
Flooring Hardwood, Carpet
Fireplace No
Appliance Gas Water Heater
Building
Lot Description Back Yard, Front Yard
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