Benicia Homes with 5 or More Units Property Subtype

Benicia Homes with 5 or More Units Property Subtype

Welcome to Benicia, California, a hidden gem nestled in the heart of Solano County. This picturesque city, perched on the shores of the Carquinez Strait, offers a unique blend of small-town charm and vibrant community spirit. With its rich history, stunning waterfront views, and a thriving arts scene, Benicia is a place where residents can truly feel at home.

Whether you're strolling along the historic First Street, browsing local boutiques, or enjoying the scenic parks, there's no shortage of activities to engage in. The city boasts an array of outdoor recreational opportunities, from biking along the scenic waterfront to exploring the nearby hills and trails. Plus, with its proximity to major highways and public transportation, commuting to nearby cities like San Francisco and Sacramento is a breeze.

For investors and home seekers alike, Benicia offers a variety of real estate options, including properties with five or more units. These multifamily homes present a fantastic opportunity for generating rental income while enjoying the benefits of living in this vibrant community. With a growing population and a strong rental market, investing in Benicia's multifamily properties can be both a wise financial decision and a chance to be part of a welcoming neighborhood.

Whether you’re looking to invest or find your perfect home, Benicia’s multifamily properties offer the perfect blend of opportunity and lifestyle. Explore the possibilities in this charming city, where every day feels like a breath of fresh air!

Newest Benicia Homes with 5 or More Units Property Subtype

$3,550,000
9,744 SqFt. 326078848 MLS
Driftwood Apartments presents the opportunity to acquire a well-maintained 13-unit multifamily property in the desirable waterfront community of Benicia.​ The property consists of twelve two-bedroom, one-bath units and one standalone studio cottage, offering an attractive unit mix with a strong history of tenant performance and ongoing property improvements.​ Ownership has consistently reinvested in the property over the years, with units upgraded as they turn over and numerous improvements made to the buildings and site.​ Notable improvements include an engineered site drainage system, protective roof coatings on two buildings, and regular parking lot sealing and striping approximately every five to six years.​ The property also features mature landscaping and well-maintained common areas.​ Each building is equipped with a washer and dryer (owned) and a 75-gallon hot water heater.​ Additional property features include separately metered units, covered assigned parking, and a dedicated storage unit for each residence, providing conveniences that are attractive to tenants and help differentiate the property within the local rental market.​ Driftwood Apartments benefits from a stable existing tenant base, with all tenants currently paying on time and no outstanding collections or tenant balances owed.​ The combination of consistent ownership maintenance, upgraded units, covered parking, storage, mature landscaping, and a desirable Benicia location provides an investor with a well-positioned multifamily asset offering durable in-place income.​

510 East N Street, Benicia

Listing courtesy of from North Valley Real Estate Advisors

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