GREAT INVESTMENT OPPORTUNITY
1712 Fillmore Street in Fairfield presents a great opportunity for an investor to have immediate cash flow with significant rental upside. The property offers 4 units with 2bd/1bth each. Built in 1963, the property offers 3,344 square feet of rentable space and sits on a 6300 square foot lot. Offers the next investor increased cashflow opportunities or use the current property managers and be 100% hands free. The property has a history of little or no vacancies and has waiting lists. Overall, maintenance is low and the property is separately metered for PG&E providing for low annual expenses. Covered parking for each unit plus, 1 additional parking spot per tenant. Extra storage for each tenant in the carport. Backyard community area. Waiting list for move inns. Yard maintained by the HOA. Located on a quiet street and the North Bay sub-region of the San Francisco Bay Area. It is generally considered the midpoint between the cities of San Francisco and Sacramento, approximately 40 miles from both cities and less than 19 miles from Napa Valley. Due to this attractive mid-point location, Fairfield is a popular with people who need to commute to work to either San Francisco or Sacramento. Fairfield is known for a fun place to live who are wanting to be near world class wines, home grown farm products and beautiful agricultural landscape when visiting its famous Suisun valley wine region. Not only is it popular for its wine region, but it is also home of Travis Air Force Base. Fairfield is also starting to be known for its entrepreneurial flare and has a diversified economy, with government, manufacturing, health care, retail, professional and commercial construction sectors and not to mention the wine industry. Buyer to verify all income, expenses, total square feet and allowable uses of the property.
