643 E I St
Benicia, CA, 94510
$1,550,000
Beds
0 Baths
SqFt
0.14 Acres
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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.

Property Details

Price:
$1,550,000
MLS #:
41060018
Status:
Pending
Baths:
0
Address:
643 E I St
Type:
Residential Income
City:
Benicia
Listed Date:
May 16, 2024
State:
CA
ZIP:
94510
Lot Size:
6,156 sqft / 0.14 acres (approx)
Year Built:
1970
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Rover IDX
643 E I St
Benicia, CA