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