814 York St 4 Unit Apartment Building $675,000 ($168,750/Unit) 8.61% Cap Rate Vallejo, CA 94590

Berger & Associates of NAI Northern California welcomes the exclusive sale of 814 York Street in Vallejo, CA. The Victorian-style fourplex property consists of one 2b/1b unit, two 1b/1b units, and one large studio unit on a large 6,000sqft lot. This is perfect for new/experienced investors, an owner-user, &/or opportunistic fix & flippers. Each unit is separately metered for PG&E. New owners have the ability to implement a Reimbursement Utility Billing System to keep expenses low. Additionally, tenants enjoy a large backyard area and off-street parking. 814 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 814 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.