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560 Winchester Street, Vallejo, CA 94590

Property

560 Winchester Street, Vallejo, CA 94590 Sold January 2023 CRMLS
$2,775,000Sold January 2023

Listing Agent: ETHAN BERGER (DRE #01868467) · Listing Office: NAI Northern California · Contact: 510-336-4712 · Bought with: ETHAN BERGER · NAI Northern California · MLS #40999406 · Source: CRMLS

0
Bathrooms
26,136 sqft
Lot Size
1988
Year Built
Property
Type
None
Cooling
WallFurnace
Heating
$30,833/yr
Taxes

About this property

The Grove features twelve large 2-bedroom 1 bath units each 840 square feet all of which were extensively remodeled by the current ownership. The units are equipped with new appliances, including full sized washer and dryer, new shaker cabinetry, granite countertops, shower/tub surrounds, vanities, plumbing and light fixtures, vinyl plank flooring, and fresh paint. All of the units also include 1 covered assigned parking stall, enclosed private patio or balcony and storage closet. Built in 1988 this is a very rare opportunity for an individual investor to purchase a late vintage property and newer than most similarly sized properties in sub-market. Additionally current ownership has implemented a utility reimbursement system that bills the tenants for water, garbage and sewer usage greatly reducing operating costs. This is a fantastic opportunity for an investor to acquire a turn key cash flowing property.

Listing description from the January 2023 sale, as reported to CRMLS.

Sale history

$2,775,000
Sold January 2023 · listed $2,950,000, orig. $3,100,000, on market June 2022 · MLS #40999406 · Source: CRMLS
Listing Agent: ETHAN BERGER · Listing Office: NAI Northern California · Contact: 510-336-4712 · Bought with: ETHAN BERGER · NAI Northern California
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