Property photo 1
3,304 sqft

$1,450,000

643 E I St, Benicia CA, 94510

Price per sqft$438.86
Built in1970
Property size3,304 sqft
Property typeResidential

Overview

Sold

Listed May 16, 2024

Updated Jun 1

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.

Additional information

MLS® ID
41060018

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres
MLS provider logo

Listed by Gerarda Stocking, with Stocking Realty
Listing Contact: 925-200-6988 

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