$529,999 / 5br - 2941ft2 - Duplex in Vallejo that sits on HALF AN ACRE LOT. (Vallejo)

We got a Vacant OFF-MARKET Duplex in Vallejo that sits on HALF AN ACRE LOT.
SPECS: 5 Beds/ 3 Baths 2,941 Sq Ft 22,515 Sq Ft lot (0.
51 Acres) 1942 Build Unit 1: 4 Bed/2 Baths Unit 2: 1 Bed/1 Bath MARKET RENTS: 1 Bed/ 1 Bath- 1745-1900/mo 4 Bed/ 2 Bath- 3000-3300/mo Using $1900 & $3300 as the rents.
1900+3300= $5200/mo.
Multiply by 12= $62,400 GROSS ROI Lets account 25% for expenses.
That's 46,800 Net ROI.
Add 90k for the rehab to the 580k purchase price= 670k.
46,800/670,000= 6.
985% CAP RATE WITH REHAB INCLUDED COMPS: 1615 Magazine St- OUTDATED Duplex.
Investor Buy.
Closed for 817,500.
123 Woodrow Ave- Closed for 849k on 3/6.
Total of 4 beds/ 3 baths but this one is a triplex.
David 424-256-021SIXXXXXXxx For quick response call or text me.
Or copy and search bellow.
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