Description
Www.140drouin.com; 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. one 1b/1bth unit can be delivered vacant at closing making a perfect set-up for an owner-occupant. 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 located at the end of a quiet street with only a few neighbors and an open space area behind the property offering maximum privacy. 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.
Property Type
Residential IncomeCounty
SolanoStyle
Residential IncomeAD ID
50304315
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
Interior Features
- Flooring: Tile,Wood
Cooling Features
- See Remarks
- Air Conditioning
Heating Source
- See Remarks
- Has Heating
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Exterior Features
Building Information
- Year Built: 1965
- Construction: See Remarks
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1761
- Lot Size Source: Public Records
- Lot Size Square Feet: 7670
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Listing Information
Listing Price Information
- Original List Price: 595,000
- Listing Contract Date: 2025-06-29
Lease Information
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Taxes / Assessments
Tax Information
- Parcel Number: 0049132050
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Other
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Gas
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood:
- Directions: Sierra Ave left on Drouin Dr Cross Street: Sierra Ave.
- Source Property Type: Residential Income
- Property SubType: Quadruplex
Building and Construction
- Property Age: 60
- Structure Type: Quadruplex
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 07/04/2025 @ 01:23
- MLS: 41103172
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 5 bedrooms which is for sale, it has 0 sqft, 7,670 sized lot, and 0 parking. are nearby neighborhoods.