643 E I St Benicia, CA 94510
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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