940 York St

Vallejo CA 94590

3743 sq. ft.

3899 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Excellent Investment Opportunity in Vallejo! American Foursquare Post-Victorian multi-unit delivers a strong 7+ cap rate with reliable cash-on-cash returns. Fully renovated in 2020, the building was stripped to the studs and updated with a new roof, plumbing, electrical, and heating, minimizing maintenance while maximizing rental appeal. Each unit features a modern kitchen, upgraded bathroom, and access to an on-site laundry room, ensuring steady occupancy and tenant satisfaction. The property blends historic character with income stability, offering sweeping valley and mountain views in a quiet. With two on-site spaces and abundant street parking, tenants enjoy convenience without the need for a garage. Heating includes both gas and radiant systems for year-round efficiency. Strategically located within the Vallejo City Unified School District and close to shopping, public transportation, and freeway access, the triplex is just one hour from San Francisco by car or ferry highly attractive to renters seeking Bay Area affordability. With modern upgrades already in place, this turnkey property generates immediate income with minimal overhead. Ideal for investors seeking a strong-performing asset with historic charm and proven returns.