601 Alabama St Active

Vallejo,CA 94590

$ 1495000

- Bed

- 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

Property Sub-Type Apt Complex

Source Bridge AOR

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

Interior

Heating Other

Cooling Other

Flooring Other

Fireplace No

Building

Lot Description Other

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