Rent roll has increased $770 a month since the building was listed. Cap rate of 6.15% using actual numbers, see the attachments. The building consist of twelve - 1 bedroom, 1 bath apartments. Seven units have been upgraded with hardwood. Frey Place is located in the northwest quadrant of Vallejo, The property has convenient access to Interstate 37, 80 and 780 offering residents easy connections to Marin & East Bay work spots.
Cindi Hagley - 925-867-4663 - Have you been to Vallejo lately? It's a live, bustling community with gorgeous homes and great opportunities for an investor. This beautiful home has been well maintained and should cash flow nicely. Amazing original detail!This is a must see!
Great opportunity, live in, one rent the other. Lots of parking,2 cute craftsmen style cottages. The larger unit has a separate dining room with built-ins. large basement area and a single car garage. The smaller is also 2 bedroom 1bath with built-in features, and off street parking. Both have nice yards.