Property Detail

Description

Excellent Investment Opportunity in Vallejo! This 3,473 sq. ft. American Foursquare Post-Victorian triplex delivers a strong 7%+ cap rate with reliable cash-on-cash returns. Fully renovated in 2020, the building was stripped to the studs and updated with a new roof, plumbing, electrical, and heatingminimizing maintenance while maximizing rental appeal. Each unit features a modern kitchen, upgraded bathroom, and access to an on-site laundry room, ensuring steady occupancy and tenant satisfaction. The property blends historic character with income stability, offering sweeping valley and mountain views in a quiet, safe neighborhood. With two on-site spaces and abundant street parking, tenants enjoy convenience without the need for a garage. Heating includes both gas and radiant systems for year-round efficiency. Strategically located within the Vallejo City Unified School District and close to shopping, public transportation, and freeway access, the triplex is just one hour from San Francisco by car or ferryhighly attractive to renters seeking Bay Area affordability. With modern upgrades already in place, this turnkey property generates immediate income with minimal overhead. Ideal for investors seeking a strong-performing asset with historic charm and proven returns.