๐ ๏ธ๐ทโ๏ธINVESTOR/LANDLORD SPECIAL๐๏ธ๐
Rare Duplex in Fairfield !!๐
CLICK HERE FOR PHOTO LINK
BOTH UNITS ARE NOW VACANT !!!!
Estimated Market Rental Income = 2300 Each Unit
Two Units: 2 x 2bed/1ba, each 910 sqft (estimated)
(see comps below)
Welcome to a great real estate investment opportunity in Fairfield, CA!
This is a 2-unit multifamily building, in the heart of Fairfield near Solano Town Center, Civic Center Park, and Armijo High School. Unit 811 is currently renting at 1550, and the other unit is vacant; both need cosmetic updates. Hot water heater, washer, and dryer replaced in unit 811.
Unit 809 is stripped, flooring removed due to water drainage issue that caused flooding. French drain replacement may be needed as stated by owner.
If you are looking for cashflow and appreciation you must consider this opportunity!
- Year Built: 1952
- Size: 1820 sqft
- Two Units: 2x 2bed/1ba
- Bedrooms: 4
- Bathrooms: 2
- Lot: 5,614 sqft
- 4 car driveway parking
As a landlord, this property could become a lucrative investment in your portfolio. Examine the photos ->
PHOTO LINK
STARTING PRICE: $460,000
ARV: $700,000
SUBMIT HIGHEST AND BEST OFFER IN WRITING BY 3PM WEDNESDAY 8/28/24
Call Lukas at (916) 253-0347 , MAKE AN OFFER!
SOLD COMPS
(renovated)
522-524 Great Jones St, Fairfield, CA 94533
4bed/2ba - 1756 sqft
(similar layout and parking)
$710,000
[sold 11-23]
(as-is)
1590-1596 Rayburn Ct, Fairfield, CA 94533
4bed/2ba - 1652 sqft
(smaller, garage is connected to building instead of separate)
(sold as-is, not renovated)
$620,000
[sold 02-24]
705-707 Oregon St, Fairfield, CA 94533
4bed/2ba - 1730 sqft
(identical property, but not renovated)
$605,000
[sold 06-23]
FOR RENT COMPS
1321 Jefferson St #1321, Fairfield, CA 94533
2bed/1ba - 976 sqft
$2300/mo
1405 Jefferson St, Fairfield, CA 94533
2bed/1ba - 900 sqft
$2300/mo
Call Lukas at (916) 253-0347
MAKE BEST OFFER
The owner and/or tenant may be present, so please DO NOT discuss numbers around them. Any transaction details / number discussion / tenant information can be done with us over the phone.
The property is NOT open to view without scheduling an appointment with our team.Please DO NOT disturb the owner and/or tenant!
This will be your ONLY opportunity to inspect the property, so please bring all your decision makers, contractors, appraisers, lenders, real estate agents, etc, if needed. Please confirm a headcount prior to the walk through so we can confirm with the owner and/or tenant.
This agreement is NOT assignable to another party - no daisy chains! We also have an affidavit of contract recorded at the county to cloud the title, so please do not attempt to go around us to get to the owner. The Non-Disclosure, Non-Circumvention, & Non-Disparagement Agreements document you will be required to sign with the contract will be enforced.
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