Benicia, CA 94510,643 E I St
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Benicia, CA 94510,643 E I St
Benicia, CA 94510,643 E I St
Benicia, CA 94510,643 E I St
Benicia, CA 94510,643 E I St

$1,450,000

Est. payment /mo

$1,550,000

6.5%
Est.Price: ?

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643 E I St Benicia, CA 94510

6,155 Sqft Lot

SOLD DATE : 10/03/2024

Key Details

Sold Price $1,450,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 41060018

Sold Date 10/03/24

HOA Y/N No

Year Built 1970

Lot Size 6,155 Sqft

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.

Location

State CA

County Solano

Interior

Heating See Remarks

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate, Vinyl

Fireplace No

Appliance Dryer, Washer

Exterior

Garage On Street

Total Parking Spaces 6

Building

Lot Description Back Yard

Sewer Public Sewer

Others

Tax ID 0089073190

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Financing Conventional

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California Regional MLS (CRMLS)
Listed by Gerarda Stocking • Stocking Realty
Bought with Gerarda Stocking • Stocking Realty & Investments

Colin Farris

Founder | License ID: 01938669

+1(949) 424-4354

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