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Sold for $1,450,000 on 10/03/24
  • $1,450,000

    643 E I St, Benicia, CA 94510

    --beds
    --baths
    3,304sqft
    Multi Family
    Built in 1970
    -- sqft lot
    $-- Zestimate®
    $439/sqft
    $3,626 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: November 18, 2024 at 03:34pm

    Listed by:

    Gerarda Stocking DRE #00586995 925-200-6988,

    Stocking Realty

    Bought with:

    Gerarda Stocking

    Stocking Realty & Investments

    Source: Bay East AOR,MLS#: 41060018MLS Logo

    Facts & features

    Interior

    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Disposal, Dryer, Washer
    • Laundry: Coin Operated
    Features
    • Updated Baths, Updated Kitchen
    • Flooring: Laminate, Vinyl, Carpet
    Interior area
    • Total structure area: 3,304
    • Total interior livable area: 3,304 sqft

    Property

    Features
    • Patio & porch: Terrace
    • Exterior features: Garden
    Lot
    • Size: 6,098 sqft
    • Features: Back Yard, Landscape Back
    Details
    • Parcel number: 0089073190
    • Special conditions: Offer As Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Roof: Other
    Condition
    • Year built: 1970

    Community & neighborhood

    Community
    • Community features: Other
    Location
    • Region: Benicia

    HOA & financial

    Other financial information
    • Total actual rent: 1595
    Services availability
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