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About the Listing BMLS-OBPINZA - BMLS-R01360348
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 located in an Opportunity Zone providing excellent tax benefits. This is a high-demand location 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.
Listing Highlights for 601 Alabama St
Status
Active
Days on Site
51
Property Type
Multi-Family
MLS ®
41110303
Year Built
1961
Total Square Footage
0
Lot/Acreage
0.15
County
Solano
Neighborhood
Vallejo Highland
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: See Remarks
- Heating: See Remarks
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 8
- Roof:
- Others: 2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 0056076020
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
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Listing Location
Questions About..
601 Alabama St Vallejo, CA 94590
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