$1,649,000
Active
15 Days Online
6 Beds3 Baths3,304 SQFT
Active

643 E I St Benicia, CA 94510

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101, 000 PRICE REDUCTION: 5 units located in the sought-after landlord-friendly Solano County.. 5th unit has rental income of $2, 195. Pride of Ownership units (same owner for 20+years) are located in a neighborhood of beautiful custom water-view homes. Views of the bay from upper unit and only 1 block to the water. 4 2-bedroom units and an additional studio unit. All but one of the units have been completely upgraded and remodeled. The 2 bedroom units are separately metered for gas and electricity . The complex has an onsite coin-operated laundry. Development possibility for additional units with garages - check with Planning Department of Benicia. Gross Rental Income $126, 960 per year.(includes laundry income) 13.78 is the Gross Rent Multiplier. Cap Rate is 5.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountySolano
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site15 Days
  • MLS StatusActive
  • MLS ID Number41060018
  • Home Size Source N/A
  • Year Built1970
  • Lot Size0.1413 Acres
  • Full Baths3
  • Partial BathsN/A

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Schools

School District
Benicia Unified
Elementary School
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Monthly Payment (Est.)

$8,803
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