Description

Excellent investment opportunity with the potential to convert this former mixed-use property into a four-unit residential building in Vallejo! The property features three ground-floor commercial spaces (704, 706, and 708 Ohio St), each equipped with a half bathroom that could potentially be converted into a full bathroom. The second floor features a spacious 4-bedroom, 2-bathroom residential unit (710 Ohio St). With the property's current Residential Low Density zoning, the ground-floor spaces need to be repurposed for residential use, offering potential for traditional residential units or live/work arrangements, subject to approval. Property is sold as-is. Once legally converted into four residential units, the property may qualify for conventional 24 unit financing, subject to lender requirements. Conveniently located near Downtown Vallejo, shopping, dining, and transportation. This property may also be purchased together with the property located behind it, 712 Ohio St (MLS# ML82065630), with a combined asking price of $999,998. Buyer to independently verify zoning, permitted uses, conversion feasibility, and all applicable requirements.

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Property information

Property type

Residential Income

Sub-type

Quadruplex

Year built

1925

Living area

7,364 Sq Ft

Lot size

6,500 Sq Ft

HOA fee

None

Price / Sq Ft

$104

Days on market

1

Parcel number

0056105190

Zoning

Resi

Features

Heating

Natural Gas

Sewer / Water

Public Sewer · Public