643 E I St, Benicia, CA

$1,550,000

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6

Beds

3,304

Square feet

0.14

Acres

About 643 E 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 E I St

MLS® # 41060018
Price $1,550,000
Bedrooms 6
Bathrooms 0.00
Square Footage 3,304
Acres 0.14
Year Built 1970
Type Residential Income
Sub-Type OTHER
Status Active

Community Information

Address 643 E I St
Area Listing
City Benicia
County Solano
State CA
Zip Code 94510

Amenities

Utilities Sewer Connected, All Public Utilities
Parking Spaces 6
Parking 4-7 Cars, Off Street, Side By Side
Is Waterfront No
Has Pool No

Interior

Interior Features Updated Baths, Updated Kitchen
Appliances Dryer, Washer
Heating Other
Cooling Wall/Window Unit(s)
Fireplace No

Exterior

Exterior Features Back Yard, Terraced Down, Landscape Back, Landscape Misc, Garden
Lot Description Regular
Construction Stucco

School Information

District Benicia Unified

Additional Information

Date Listed May 16th, 2024
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentGerarda Stocking
OfficeStocking Realty

Listing Map

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