Vallejo Homes with Triplex Property Subtype

Vallejo Homes with Triplex Property Subtype

Welcome to Vallejo, California – a vibrant city nestled in the heart of Solano County, where stunning waterfront views meet a rich tapestry of history and culture. Vallejo is known for its picturesque landscapes, diverse communities, and a dynamic blend of urban and suburban living. With its close proximity to the San Francisco Bay Area and easy access to major highways, Vallejo is an ideal location for those seeking both tranquility and convenience.

One of the standout features of Vallejo's real estate market is the availability of triplex properties. These unique homes offer an excellent investment opportunity for savvy buyers looking to maximize their rental income while enjoying the benefits of homeownership. A triplex typically consists of three separate living units, allowing homeowners to live in one unit while renting out the others. This not only helps offset mortgage costs but also fosters a sense of community among tenants.

Vallejo's triplex properties come in various styles and sizes, often featuring spacious layouts, modern amenities, and charming outdoor spaces. Whether you're drawn to the historic architecture of the downtown area or the newer developments closer to the waterfront, there's a triplex that suits your needs. The city's growing economy, coupled with its family-friendly atmosphere and vibrant local culture, makes Vallejo a sought-after destination for both residents and investors alike.

Explore the possibilities of triplex living in Vallejo, where you can enjoy the best of California living while making a smart investment in your future. Come discover your next home in this delightful city!

Newest Vallejo Homes with Triplex Property Subtype

329 El Dorado St, Vallejo
$925,000
4,805 SqFt. ⋅ 326078978 MLS
Rare Vallejo income property with water views, historic character, and immediate rental income. This unique three-unit property is anchored by a spacious circa-1910 Victorian-era residence featuring classic period charm with Queen Anne and Colonial Revival influences. The impressive two-story main residence offers 4 bedrooms and 2 bathrooms, beautiful water views, a traditional parlor, a Murphy bed, and remodeled kitchen and bathrooms that blend modern comfort with vintage character. The lower flat is also generously sized with 4 bedrooms and 2 bathrooms and includes valuable off-street parking, all newer modern upgrades and appliances, newer flooring throughout, full bath that is fully remodeled with gorgeous tile, walk in shower, large bedrooms with lots of windows, indoor laundry room with full size hook ups. A separate cottage-style residence offers 3 bedrooms and 2 bathrooms, creating additional flexibility for rental income, extended family or future owner use. With two of the three units currently rented, the property provides immediate income while still offering endless opportunities to live in 1 unit and rent the others and take advantage of great financing opportunities. Ideally suited for an owner-occupant, investor or multi-generational buyer seeking a distinctive property with character, space, and multiple income streams in an established Vallejo neighborhood. Each unit is individually metered for water, gas and electricity. A rare opportunity to own multi units with seperate laundry rooms for each tenant and leases in which tenants pay for their own utilities. 6% cap rate and 11.33 gross rent multiplier.

329 El Dorado St, Vallejo

Listing courtesy of Krystle Karimian from Twin Oaks Real Estate INC

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