Momentum Realty Group
Carolyn Brown, Momentum Realty GroupPhone: (510) 882-3454
Email: [email protected]
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listing
1 of 40
Residential IncomeFor Sale
$675,000
739 Alabama Street
Vallejo, CA 94590
Listed by: Alex Schauffert from New Standard Realty, (707) 332-8301
3Baths
2,410Sq Ft
Est. Mortgage
$3,584/mo

This is a large property. 2 buildings and 3 spacious units all independently metered for gas and electric. A great opportunity to start your real estate portfolio or add to it on your way to being a real estate mogul. Rentometer.com puts rents between $5385 (lower range), and $5942 (mid range), monthly. Gross rent multiplier of 10 is based on an average of these two numbers. The CAP rate based on 60% of that average number. (60% is a reasonable industry-standard for net rental income after deducting expenses.) Live in one unit and rent the other two or rent all three. A great opportunity either way. Three separate electric meters and three separate gas meters

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Information courtesy of New Standard Realty is subject to verification and is not guaranteed.
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