(Fairfield CA) Own a duplex in Fairfield!๐Ÿ”๐ŸกValue add opportunity! Starting at $460K ๐Ÿคฏ

Solano County, Fairfield, CA, 94533 view full address
For Sale
Listed at: August 22nd, 2024
Price
$460,000
ARV
$700,000
Gross Margin
$240,000
Sq. Footage
1820
Type
Single-Family
Parking
Driveway
Year build
1952
Lot size
5614.00 sqft
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

๐Ÿ› ๏ธ๐Ÿ‘ท‍โ™‚๏ธINVESTOR/LANDLORD SPECIAL๐Ÿ˜๏ธ๐Ÿ”

Rare Duplex in Fairfield !!๐Ÿ”‘

 

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.

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Harlan Shelton

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