800 Capitol StreetVallejo, California94590United States
$2,550,000
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This is a Pride of Ownership property with stunning Mission Revival Style. 2 Buildings. The building on the corner has 4 units that include the penthouse on the entire top floor featuring 3 large bedrooms, an office w/balcony, formal dining and...
This is a Pride of Ownership property with stunning Mission Revival Style. 2 Buildings. The building on the corner has 4 units that include the penthouse on the entire top floor featuring 3 large bedrooms, an office w/balcony, formal dining and living rooms, a laundry room and rear balcony. There are views in all directions. Recently renovated units finished with the highest quality materials & period design. The back building that faces Napa St has 4-2br and 4-1br units. This queen of the hill property attracts the highest quality tenants. Rents are at or near market throughout. For extra & long-term, stable income, there are four large storage garages and an owner's 1500SF+ workshop+garage storage that can be used as extra income or as shop/spares storage. There's a parking spot in front of the workshop entry and a laundry area for extra income. Most units renovated. NOTE 7/27/23-800 Capitol St. Apartments built by Conrad Rump have been found to be a Vallejo City Landmark [see photos]. They could be eligible for Mills Act property tax relief of 40%-80% elevating the cap rate to 8%-8.5%.
Listing provided by Kevin Reilly at RE/MAX Gold This Listing is for Sale .The listing status is Contingent located within Solano County
Any offer of compensation is made exclusively to Broker Participants of the MLS where the listing is filed.