$1,025,000
6.89% Cap Rate! ±6,367 square foot, five-unit multifamily property located in the heart of Suisun City, just steps from the waterfront. The building offers an attractive unit mix of spacious one-bedrooms, studios, and a large three-bedroom 1,500+ square foot unit, situated on a ±7,162 square foot lot. Four of the five units are currently leased, providing immediate income with upside through lease-up of the remaining vacancy and continued rent growth. The offering also includes the adjacent parcel, which provides 5+ off-street parking spaces and secured storage at the rear. The property represents an excellent opportunity for investors seeking strong cash flow in an emerging Solano County submarket.
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Listed by Timothy Warren with NAI Northern California (510) 336-4712
Property Type
Residential Income
Status
Active
MLS Number
41122152
Year Built
1940
Lot Size
4,596 sq ft