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MULTI_FAMILY - Vallejo, CA
Great rent income. Almost 10% cap rate. Good for investment. Seller working with City to legalize the unconfirming unit ( 1166, around 500 sqft , 2 bed/ 1bath rent at $2000 added to total rent income) as ADU. New sewer line done last year. Water pipe of the whole front building just replaced with copper pipe, new floor and new paint working on some units.
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