643 I St, Benicia

$1,550,000

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0.14

Acres

Listing Agent
Gerarda Stocking - Stocking Realty

About 643 I St

101,000 PRICE REDUCTION: 5 units located in the sought-after landlord-friendly Solano County.. 5th unit has rental income of $2,195. Pride of Ownership units (same owner for 20+years) are located in a neighborhood of beautiful custom water-view homes. Views of the bay from upper unit and only 1 block to the water. 4 2-bedroom units and an additional studio unit. All but one of the units have been completely upgraded and remodeled. The 2 bedroom units are separately metered for gas and electricity . The complex has an onsite coin-operated laundry. Development possibility for additional units with garages - check with Planning Department of Benicia. Gross Rental Income $126,960 per year.(includes laundry income) 13.78 is the Gross Rent Multiplier. Cap Rate is 5.

Features of 643 I St

MLS® # 41060018
Price $1,550,000
Bathrooms 0.00
Acres 0.14
Year Built 1970
Type Residential Income
Status Active

Community Information

Address 643 I St
City Benicia
County Solano
Zip Code 94510

Amenities

Parking Spaces 6
Parking On Street
Garages On Street
Is Waterfront No
Has Pool No

Interior

Interior Carpet, Laminate, Vinyl
Appliances Dryer, Washer
Heating See Remarks
Cooling Wall/Window Unit(s)
Has Basement No
Fireplace No

Exterior

Exterior Stucco
Lot Description Back Yard
Construction Stucco

Additional Information

Date Listed May 16th, 2024
Days on Market 64
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentGerarda Stocking
OfficeStocking Realty

Listing Map

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