630 York 4 Unit Apartment Building $720,000 ($180,000/Unit) 6.29% Cap Rate Vallejo, CA 94590

Property Description - Berger & Associates of NAI Northern California welcomes the exclusive sale of 630 York Street in Vallejo, CA. The Victorian-style fourplex property consists of one 2-bedroom unit, two 1-bedroom units, and one Studio. The tenants pay for PG&E, keeping expenses minimal for the owner. Additionally, tenants enjoy a backyard area and off-street parking. One unit is currently vacant, making this a perfect opportunity for an owner to occupy the space or to charge market rate rent. 630 York St. is one of the most conveniently placed properties in Vallejo as it close to commuting routes such as the SF Ferry (0.4mi), Sonoma Blvd (0.1mi), Interstate 80 (1.5mi), i-780 (1.2mi), and the Carquinez Bridge (2.8mi). Owners and tenants also have the pleasure of easy access to national retailers, grocery outlets, restaurants, and Vallejo's downtown amenities. The placement of 630 York St. provides a unique opportunity for Owners to market vacancies as Vallejo has a population of about 125,000 making it one of the most populous cities in the North Bay. Additionally, Vallejo drives heavy foot traffic from Six Flags Discovery Kingdom, Children's Wonderland Park, and the fact that it hosts one of the few Naval Ports on the West Coast.
Location Description - Vallejo is located in Southern Solano County, 30 miles from San Francisco and 15 miles south of Napa. Vallejo boasts beautiful water and city views
and excellent public transportation, including ferry service to San Francisco. In addition, the property’s residents enjoy proximity to a diverse range of grocers, restaurants, parks, and public services within walking distance. 630 York St is located in a quiet residential neighborhood blocks from the Downtown Design & Architectural Heritage Districts of Vallejo. Additionally, the San Francisco Bay Ferry is located less than half a mile from the property.