739 Alabama Street Vallejo, CA 94590
This is a large property. 2 buildings and 3 spacious units all independently metered for gas and electric. A great opportunity to start your real estate portfolio or add to it on your way to being a real estate mogul. Rentometer.com puts rents between $5385 (lower range), and $5942 (mid range), monthly. Gross rent multiplier of 10 is based on an average of these two numbers. The CAP rate based on 60% of that average number. (60% is a reasonable industry-standard for net rental income after deducting expenses.) Live in one unit and rent the other two or rent all three. A great opportunity either way. Three separate electric meters and three separate gas meters
- Property TypeMulti-Family
- NeighborhoodN/A
- CountySolano
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site7 Days
- MLS StatusActive
- MLS ID Number324074788
- Home Size Source N/A
- Year Built1930
- Lot Size0.1076 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Varies by Unit
- Parking Spaces 1
- Sewer Public Sewer
- Number of Stories 0
- Acreage 0.1076
- Water Public
- Cross Street Napa
- Property Sub Type Triplex
- Garage Spaces 0
- Attached Garage No
Interior Features
- Cooling None
- Heating Varies by Unit
- Laundry Features Other
Exterior Features
- Waterfront Property No
- Lot Curb(s)Curbs/ Gutters
Community Features
- Association Dues 0
- MLS Area Vallejo 4