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Listing ID322064934
Listing Price$949,000
Price/SqFt$368.69
StatusContingent
SqFt 2,574
Acres 0.149
CountySolano
Year Built1890
Property TypeResidential Income
Property Sub TypeQuadruplex
Great opportunity for an investor or owner-user. This property is 2 houses on 1 lot but a total of 4 units. The green Victorian at 400 Ohio St is a triplex and the yellow home at 1012 Santa Clara St is a single family home. Properties are being sold as-is and needs a little TLC. My pro forma calculations for rental income is approx $7300/month, or approx $87,600/year. If the buyer puts 20% down payment the monthly mortgage could be approx $5200/month (at current interest rate). The property would cash flow a profit. The other scenario is for the owner user: if buyer decides to live in the big house & rent the other 3 units to help with the mortgage, that rental income could bring in approx $5000/month allowing the buyer to offset their mortgage. Prime location close to the Ferry terminal, waterfront, Mare Island, farmers market, Hwy 37 and I-80.
Copyright 2022 Bay Area Real Estate Information Services. Any offer of compensation is made exclusively to Broker Participants of the MLS where the listing is filed. All rights reserved.
Data last updated Tuesday, September 27th, 2022 10:26:22 PM.
#IDX-primaryPhoto,#idx-details-headerListed by: Tania Seabock from Coldwell Banker Realty (415) 209-4582

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Contact - Listing ID 322064934


Chris Jacobson

508 El Dorado St
Vallejo, CA 94590
Phone: 7078054014
Data services provided by IDX Broker
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