Vallejo, CA 94590,560 Winchester Street
$2,775,000
Est. payment /mo
$2,950,000
5.9%
Est.Price: ?

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0.6 Acres Lot
SOLD DATE : 01/09/2023

Key Details

Sold Price $2,775,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 40999406

Sold Date 01/09/23

HOA Y/N No

Year Built 1988

Annual Tax Amount $30,833

Lot Size 0.600 Acres

Acres 0.6

Property Description

The Grove features twelve large 2-bedroom 1 bath units each 840 square feet all of which were extensively remodeled by the current ownership. The units are equipped with new appliances, including full sized washer and dryer, new shaker cabinetry, granite countertops, shower/tub surrounds, vanities, plumbing and light fixtures, vinyl plank flooring, and fresh paint. All of the units also include 1 covered assigned parking stall, enclosed private patio or balcony and storage closet. Built in 1988 this is a very rare opportunity for an individual investor to purchase a late vintage property and newer than most similarly sized properties in sub-market. Additionally current ownership has implemented a utility reimbursement system that bills the tenants for water, garbage and sewer usage greatly reducing operating costs. This is a fantastic opportunity for an investor to acquire a turn key cash flowing property.

Location

State CA

County Solano

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Roof Type Shingle

Total Parking Spaces 19

Building

Lot Description Corner Lot

Others

Tax ID 0061071250

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California Regional MLS (CRMLS)
Listed by ETHAN BERGER • NAI Northern California
Bought with ETHAN BERGER • NAI Northern California

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Todd McIntosh

+1(310) 770-8626

Agent | License ID: 01472763

Agent License ID: 01472763

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