Attention Investors! Major Price Reduction on a FOURPLEX at 144–150 Florida Street in Vallejo!
This marina view FOURPLEX features four 2 bedroom, 1 bath units with large balconies overlooking the water. Conveniently located near freeway access, the Yacht Club, and the Ferry Building.
Attached is the updated pro forma. One tenant has been in place for more than 10 years and currently pays only $1,000 per month. The other three units are vacant, offering tremendous upside. Recent improvements include a newer roof, updated plumbing, separate water heaters and utility lines, and rebuilt permitted balconies.
The property has been heavily discounted to account for approximately $50,000 in dry rot repairs and another $15,000 to complete the interiors of two units. Sold strictly as is.
Call me if you or one of your investors is interested.
Tom Rapisarda
Rapisarda Real Estate
(707) 592-2852