643 E I St, Benicia, CA 94510
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Listed Price :
$1,550,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
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Year Built :
1970
Property Description
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.
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Flooring Information |
Material |
Carpet, Laminate, Vinyl |
Interior Information |
Cooling Type |
Wall/Window Unit(s) |
Listing Information
Address |
643 E I St |
City |
Benicia |
State |
CA |
Zip |
94510 |
County |
Solano |
Listing Agent |
Gerarda Stocking DRE #00586995 |
Courtesy Of |
Stocking Realty |
List Price |
$1,550,000 |
Status |
Pending |
Type |
Residential Income |
Structure Size |
N/A |
Lot Size |
6,156 |
Year Built |
1970 |
Listing information courtesy of: Gerarda Stocking, Stocking Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 7th, 2024 at 5:23 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.