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$985,000
Est. payment /mo
3,840 SqFt
UPDATED:
11/13/2024 04:15 PM
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,840 sqft
Price per Sqft $256
MLS Listing ID 324089107
HOA Fees $406/mo
HOA Y/N Yes
Originating Board MLS Metrolist
Year Built 1961
Lot Size 7,318 Sqft
Acres 0.168
Property Description
Charming 5-unit apartment located at 424 San Marco Street in Fairfield. Built in 1961, the subject property is 3,840 square feet and consists entirely of two-bedroom one bath units measuring approximately 768 square feet each. The San Marco Apartments features an on-site laundry room along with covered parking, storage, and landscaped grounds. Units feature newer vinyl windows, wall mounted AC, newer appliances, flooring, and bathrooms. In-place income at the property presents a 5.42% cap rate. The San Marco Apartments presents investors the opportunity to secure a stable asset in a fast-growing market located within an easy commute to either Sacramento or the Bay Area.
Location
State CA
County Solano
Area Fairfield 6
Direction E Travis to Kidder to San Marco
Interior
Heating Wall Furnace
Cooling Wall Unit(s)
Laundry In Common Area
Exterior
Parking Features Covered
Amenities Available See Remarks
Water Access Desc Public
Total Parking Spaces 5
Building
Lot Description Other
Story 2
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 0033-171-030
Special Listing Condition None
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Listed by Gravitas Commercial Real Estate
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