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151 Farragut Ave Vallejo, CA 94590
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Key Details
Sold Price $2,000,000
Property Type Commercial
Sub Type Apt Complex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,640 sqft
Price per Sqft $354
MLS Listing ID 41007150
Sold Date 01/30/23
HOA Y/N No
Year Built 1970
Lot Size 0.448 Acres
Acres 0.34
Property Description
www.151farragut.com; Eight Spacious 2bd/1bth Units of 705 SF, Built in 1970; Prime Vallejo Location Near Mare Island, Restaurants, Ferry Terminal, and More; All Units Fully Remodeled with Upgraded Bathrooms, Kitchens, Fresh Paint, Flooring and Appliances; 100% Occupied by Stable & Paying Tenant Base with Potential for Rental Upside; On Site Coin Operated Laundry, Ample Tenant Storage Space, Low Maintenance Landscaping & More; Expansive 14,645 SF Lot Boasting 10 Parking Spots; Rare Opportunity to Invest in Vallejo's Finest Rental Location Blocks to the Marina and Easy Access to SF; 5.77% Current Cap & 6.53% Market Cap;12.53 Current GRM & 11.32 Market GRM. Email Agent for Complete Marketing Package.
Location
State CA
County Solano
Area Vallejo
Rooms
Basement Other
Interior
Heating Other
Cooling Other
Flooring Other
Fireplace No
Exterior
Utilities Available Other Water/Sewer
Parking Type Other
Building
Lot Description Other
Water Other
New Construction No
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Bought with StevenPinza