601 Alabama St Active

Vallejo,CA 94590

$ 1495000

- Bed

0 Bath

3480 SqFt


Key Details

Property Type Commercial

Sub Type Apt Complex

Listing Status Active

Purchase Type For Sale

Square Footage 3,480 sqft

Price per Sqft $429

Subdivision Vallejo Highland

MLS Listing ID 41110303

HOA Y/N No

Year Built 1961

Lot Size 6,500 Sqft

Acres 0.15

Property Sub-Type Apt Complex

Property Description

8-unit apartment complex with excellent current income and strong rental upside. The property offers eight 1bd/1bth units and is currently 100% occupied. The property was originally built in 1961, offers approximately 3,480 square feet of rental space, and sits on a 6,400 square foot lot with ample room for off-street parking. The interior has been fully remodeled with new kitchens, new bathrooms, new flooring, lighting and more. The exterior also offers numerous upgrades including newer paint, seal coated asphalt, a new roof, new fencing, and newer exterior lighting. The property is easy to manage and is separately metered for PG&E providing for low annual operating expenses. The interior and exterior are in great condition with no deferred maintenance providing an attractive turn-key investment for the next owner. The property is well located near numerous restaurants, coffee shops and shopping in Downtown Vallejo. The property is only a short drive to HWY 37, the Vallejo Marina, and Mare Island making this a popular rental location.

Location

State CA

County Solano

Rooms

Basement Other

Interior

Heating Other

Cooling Other

Flooring Other

Fireplace No

Building

Lot Description Other

New Construction No

Others

Tax ID 0056076020

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