3-unit apartment complex consisting of one large 2bd/1bth top unit and two 1bd/1bth bath lower units with strong current cash flow. Currently, there is one vacant unit making for a perfect set-up for owner occupants. The property was originally built in 1925, offers approximately 3,180 square feet of living space, and sits on a 6,240 square foot lot with a landscaped backyard and parking for three cars. The units have been updated and offer newer cabinets and countertops, wood floors, stainless steel appliances, custom lighting and molding, in-unit laundry, and more. All known maintenance issues have been addressed, and the property is separately metered for PG&E providing low annual operating expenses. Property management is relatively easy and the building rents fast when there’s a vacancy. This is a high demand Vallejo location near various restaurants, coffee shops, and grocery stores in the Historic District. Nearby attractions include Cal Maritime Academy, Grocery Outlet, and the Mare Island waterfront.
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