Listing ID322064934
Listing Price$949,000
SqFt 2,574
Acres 0.149
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.
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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
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