CA > Vallejo > Vallejo Hills
Vallejo, CA 94590,933 Kentucky St
Vallejo, CA 94590,933 Kentucky St
Vallejo, CA 94590,933 Kentucky St
Vallejo, CA 94590,933 Kentucky St
Vallejo, CA 94590,933 Kentucky St
Vallejo, CA 94590,933 Kentucky St
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Tracy Baker

Tracy Baker

+1(619) 507-4230
$ 945,000
Est. payment | /mo

6,499 Sqft Lot

Save
$ 945,000
Est. payment | /mo
Save

6,499 Sqft Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Vallejo Hills

MLS Listing ID 41109920

HOA Y/N No

Year Built 1992

Lot Size 6,499 Sqft

Property Description

Showing: Wednesday 10/1 from 2:00-3:00pm. 5-unit apartment complex featuring three 2bd/1bth units and two 1bd/1bth units with strong current income. The current cap rate is 6.57% and the current GRM is 10.72. Excellent seller financing is available for well qualified buyers. The property offers approximately 4,145 square feet of rental space and sits on a 6,500 square foot lot with three garages and two off-street parking spaces. The units have been remodeled over time and feature updated kitchens and bathrooms with hardwood floors, newer carpet, new paint, custom tile and lighting, and mature landscaping. The property is easy to manage and separately metered for water and PG&E providing for low annual operating expenses. Currently, the property is 100% leased to stable tenants with rents below market providing an opportunity for the next owner to increase rents over time for significantly increased cash flow. This is a perfect opportunity for an investor to acquire a turn-key property in a great neighborhood that's always in high demand with tenants. There are a variety of restaurants and shopping options nearby and the property is only a short distance to downtown Vallejo, Vallejo Marina, and Mare Island.

Location

State CA

County Solano

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Exterior

Roof Type Shingle

Total Parking Spaces 5

Others

Tax ID 0056143050

CRMLS – RECore
Listed by David Howarth The Pinza Group, Inc
Tracy Baker

+1(619) 507-4230

tracy@tracybbaker.com

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