552 Wilson Ave, Vallejo is a fantastic opportunity for investors to purchase a multifamily property at a significant discount to other comparable properties sold in the area and create value and cashflow through physical improvements. The property consists of four 2-bedroom 1 bath units totaling 3,494 square feet each individually metered for PG&E and include in-unit laundry hookups. This is a prime Vallejo location across the street from River Park providing unobstructed views of the park, Napa River and Mare Island. Numerous retail, restaurant, health care, education, public transportation, and recreation options within 10 mins of the property. There is also space to potentially build 2 additional detached ADUs on the east side of the lot. All of the units are vacant so the new owner can begin work on the property immediately. There is a non-conforming 5th unit that has been built out as well with full kitchen and bath that could be leased for additional income.
Listing Courtesy of Ethan Berger , NAI Northern California
Listing Courtesy of Ethan Berger , NAI Northern California