1920 Marin St 3 Unit Apartment Building $916,588 CAD ($305,529 CAD/Unit) 8.17% Cap Rate Vallejo, CA 94590
INVESTMENT HIGHLIGHTS
- Desirable Vallejo Location
- 6-Car Off-Street Parking
- Duplex & Single Family Home
EXECUTIVE SUMMARY
8.17% Proforma Cap Rate! Desirable triplex located on a corner lot in Vallejo, CA. The duplex on Marin St is comprised of two 1-bedroom, 1-bath side-by-side units with fenced backyards. The 2-bedroom, 1-bath house at the rear of the property is accessed via Nigh St and has a fenced yard. The property features an abundance of off-street parking spaces and separate meters for gas and electric. All three units are currently vacant providing multiple use cases – investment property, family compound, or live in one and rent out the other two units.
PROPERTY FACTS Under Contract
| Price | $916,588 CAD |
| Price Per Unit | $305,529 CAD |
| Sale Type | Investment |
| Cap Rate | 8.17% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 1,637 SF |
| No. Stories | 2 |
| Year Built | 1916 |
| Parking Ratio | 3.67/1,000 SF |
1 of 1
Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 0051-234-120 | Improvements Assessment | $108,167 CAD |
| Land Assessment | $54,173 CAD | Total Assessment | $162,341 CAD |
