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140 Drouin Dr 34-37 Dr, Rio Vista, CA 94571
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$595,000
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Home Details for 140 Drouin Dr 34-37 Dr
Price
$595,000
Type
Multi Family
Bedrooms
5
Year Build
1965
Sq. Ft.
2582
Lot Size
0.18
County
Solano
Basement
Other
MLS®️ Listing#
41103172
On exitrealty.com
140 days
Property Description
4-unit apartment complex offering one 2bd/1bth unit and three 1bd/1bth units with solid current income and excellent future rental upside. 5.7% current cap rate and 11.6 GRM. The property was built in 1965, offers approximately 2,600 square feet of rental space, and sits on a large 7,670 square foot lot with 11 off-street parking spaces. The property has been remodeled over time and offers updated kitchens, bathrooms, new electrical, new flooring and more. The property is easy to manage, and many units are below market in rent offering considerable upside for the next investor. All deferred maintenance has been addressed and the units are separately metered for PG&E providing for a turn-key property with low annual operating expenses.
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Listing Courtesy: The Pinza Group, Inc - 510-725-4775. Presented by: David Howarth
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$595,000
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EXIT REALTY CONSULTANTS (MODESTO NORTH)
901 McHenry Ave, Modesto, CA 95350
CA DRE# 01520140. Kris Klair Broker.