Do Real Estate on the Go!
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Do Real Estate on the Go!
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Listed by: John L. Morra (510) 200-4449 DRE #01884598 | CENTURY 21 Masters (510) 257-4441
$1,300,000
8 Beds
- 5 Baths
--sqft
709 Pope Dr, Vallejo, CA 94591
$1,300,000
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Quadruplex
Built in 1969
$-- HOA
10,496 sqft lot
--/sqft
Description
Exceptional Investment Opportunity. Offered for the first time in many years, this well-maintained fourplex reflects true pride of ownership and represents a rare addition to the market. The property features strong in-place income with rents near current market levels, allowing for immediate and stable cash flow. Offered at an approximate 6.3% capitalization rate, the asset delivers positive cash flow with 30% down, with increased returns as equity investment increases. This property is ideally suited for an investor completing a 1031 exchange, particularly those transitioning from a smaller multifamily asset into a larger, income-producing property. Each unit is separ...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1969
HOA Fees
-
Finished Area
- sqft
Lot Size
10,496 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
41119969
MLS Status
Active
Days on Market
36
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