Duplex For Sale | Cash Flow in Vallejo
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Duplex For Sale | Cash Flow in Vallejo

831 Maine St.
Vallejo, CA 94590
United States

$470,000

Property Type 
Duplex
Year Built 
1910
Lot Size 
6,534 sf
Stories 
1
Garage 
On and Off Street Parking
Parking Spaces 
5
Property Description 

Triplex (3 units) with great cash flow at a 6.67% acquisition cap rate. All tenants are month to month with room to raise below market rents, one tenant will be moving out - a great opportunity for someone who would like to live there and take advantage of the current low interest rates. A great investment, ideal for a savvy investor, first time home buyer or anyone looking for cash flow!  Forget about the “fixer-upper” or “REO property” because with a new roof, new sewer lateral and well maintained interiors and partial water views this place already has it all. Turnkey, these units won’t cause you any undue stress in the near future (and the seller’s 1-year home warranty will prove it)! Seller has enjoyed many years of healthy cash flow from this property and this is your chance to acquire the same income for yourself. If you’re looking for an amazing deal, this is the opportunity you’ve been waiting for! Significant upside no matter what your long-term goals are.

  • Unit A: $1400 per month rents | 2 bedroom + 1 bath
  • Unit B: $950 per month rents | 1 bedroom + 1 bath
  • Shared Laundry
  • Alleyway Access
  • Large Lot
  • Potential for Additional Units
  • Financing Available
  • FHA or Conventional Financing
  • Long Term Tenants Month to Month
  • 30 miles to San Francisco
  • 3.5 miles to Vallejo Ferry Building
  • 20 miles to Napa
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