This charming duplex is situated near downtown Benicia entertainment/shopping! With quick access to Highway 780/680 and bus routes, this is an amazing location for an investment property. This duplex has always rented consistently, and boasts some recent updates that makes this the perfect candidate for an investment property portfolio.
This charming duplex is situated near Benicia's downtown entertainment/shopping! With quick access to 780/680, and bus routes, this is an amazing location for an investment property. This duplex has always rented consistently, and boasts some recent updates that makes this the perfect candidate for any investor!
This beautiful unique multi-family property is a must see! Within walking distance to Benicia's vibrant downtown, this 3 bedroom, 2 bath, single family home with a two car garage comes with an attached 1 bed, 1 bath unit, ideal for in-laws or as a source of rental income. It is located on a 10,000 sq ft lot at the end of a cul-de-sac with panoramic views of the Carquinez Strait and surrounding areas from the spacious deck and upstairs living area. Southwestern exposure of the large backyard allows for the ultimate in relaxation and/or exercising your green thumb! With newer flooring and interior paint, top Benicia schools and easy freeway access to Walnut Creek and Napa, this is an opportunity not to be missed! First time on the market since it was originally built by a forward-thinking developer and unlike most multifamily/investment properties out there, it's not an afterthought but built with a purpose in mind: your purpose.
101,000 PRICE REDUCTION: 5 units located in the sought-after landlord-friendly Solano County.. 5th unit has rental income of $2,195. Pride of Ownership units (same owner for 20+years) are located in a neighborhood of beautiful custom water-view homes. Views of the bay from upper unit and only 1 block to the water. 4 2-bedroom units and an additional studio unit. All but one of the units have been completely upgraded and remodeled. The 2 bedroom units are separately metered for gas and electricity . The complex has an onsite coin-operated laundry. Development possibility for additional units with garages - check with Planning Department of Benicia. Gross Rental Income $126,960 per year.(includes laundry income) 13.78 is the Gross Rent Multiplier. Cap Rate is 5.
 |
Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Copyright 2024 Bay Area Real Estate Information Services, Inc. All rights reserved. Copyright 2024 Bay Area Real Estate Information Services, Inc. All rights reserved. |
Benicia is located in California. Benicia, California has a population of 28,011. Benicia is less family-centric than the surrounding county with 30.02% of the households containing married families with children. The county average for households married with children is 30.62%.
The median household income in Benicia, California is $95,225. The median household income for the surrounding county is $72,950 compared to the national median of $57,652. The median age of people living in Benicia is 44.9 years.
The average high temperature in July is 88.7 degrees, with an average low temperature in January of 35.6 degrees. The average rainfall is approximately 23.2 inches per year, with 0 inches of snow per year.
