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    831 Maine Street

    Vallejo, CA 94590
    • $470,000
    • STATUS: Active Under Contract
    • ON SITE: 15 days
    • ID#: 22022511
    Under Contract
    UPDATED: 19 min ago
    $470,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,600
      SQFT
    • $294
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:
    Area:

    School Ratings & Info

    Description

    Incredible investor's special, you do not want to miss out on this opportunity. Seller has enjoyed many years of healthy cash flow from this property and this is your chance to acquire the same income for yourself. If you're looking for an amazing deal, this duplex is the opportunity you've been waiting for! Two attached units, well maintained and upgraded interiors Located in the heart of Vallejo, the city of opportunity. Alleyway access makes it easy to cash in on the potential to add additional structures, ADU or expand to maximize your return on investment. Whether you are a savvy investor looking to add to your portfolio or a first time buyer, you won't want to miss this one! Good cap rate, eligible for financing, below market rents (potential for increased income), what more could you ask for?

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    © 2020 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty World - The Lucas Group. Data last updated: 2020-10-29T11:56:02.947.
    www.lucasgphomes.com/homes/110976368
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    831 Maine Street Vallejo, CA 94590

    • Price: $470,000
    • Status: Active Under Contract
    • Updated: 19 min ago
    • ID#: 22022511
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1,600
    SQFT
    $294
    $/SQFT
    1910
    Built
    Neighborhood:
    Vallejo 3
    County:
    Solano
    Area:
    Vallejo 3
    Property Description
    Incredible investor's special, you do not want to miss out on this opportunity. Seller has enjoyed many years of healthy cash flow from this property and this is your chance to acquire the same income for yourself. If you're looking for an amazing deal, this duplex is the opportunity you've been waiting for! Two attached units, well maintained and upgraded interiors Located in the heart of Vallejo, the city of opportunity. Alleyway access makes it easy to cash in on the potential to add additional structures, ADU or expand to maximize your return on investment. Whether you are a savvy investor looking to add to your portfolio or a first time buyer, you won't want to miss this one! Good cap rate, eligible for financing, below market rents (potential for increased income), what more could you ask for?
    Exterior Features

    Exterior Stucco Foundation Construct Cc Slab Garage Parking Off StreetOn Street Lot Description Level Pool No Roof Shingle Style Other Type 1 Story View No

    Interior Features

    Fireplace No Laundry Appliance Other Unit1 Access Feat Other Unit1 Approx Sq Ft 1303 Unit1 Baths Full 1 Unit1 Bedrooms 2 Unit1 Half Baths 0 Unit1 Includes No Air ConditioningWall FurnaceWasher/Dryer Hookups Unit1 Sq Ft Source Owner Unit1 Total Rooms 1 Unit2 Access Feat Other Unit2 Approx Sq Ft 297 Unit2 Baths Full 1 Unit2 Bedrooms 1 Unit2 Half Baths 0 Unit2 Includes No Air ConditioningWall Furnace Unit2 Sq Ft Source Owner Unit2 Total Rooms 0 Unit3 Approx Sq Ft 0 Unit3 Total Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Total Rooms 0

    Property Features

    Auction No Cap Rate 6.00 City Transfer Tax Yes City Transfer Tax Rate 0.00 Common Int Dev No Deposits 0.00 Est Ann Net Income 20021.00 Est Insurance Exp 800.00 Est Maintenance Exp 1000.00 Est Management 0.00 Est Misc Expenses 0.00 Est Taxes 5875.00 Est Total Annual Exp 8179.00 Est Utilities Exp 504.00 GRM 16.67 Gross Scheduled Inc 28200.00 Lot Size Source (Realist Public Rec) Monthly Expenses 681.58 Monthly Income 2350.00 Multifamily Type Multi Unit 2-4 New Construction Or Resale Resale Operating Exp Inc GarbageInsuranceTaxes/Assessments Planned Unit Develop No Projected Or Actual Actual Sewer Septic Sewer Public Square Footage Source Not Verified Transaction Type Sale Unit1 Rents For 1400.00 Unit2 Rents For 950.00 Unit3 Rents For 0.00 Unit4 Rents For 0.00 Water Source Water-Public Year Built Source Realist Public Rec

    Listing information © 2020 Bay Area Real Estate Information Services.
    Listing courtesy of Nicole Solari of Level Up Realty - Solari Group.


    © 2020 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty World - The Lucas Group. Data last updated: 2020-10-29T11:56:02.947.
     
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    Brentwood CA, 94513