$2,300,000
$2,400,000
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6,499 Sqft Lot
SOLD DATE : 12/11/2024
Key Details
Sold Price $2,300,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41067155
Sold Date 12/11/24
HOA Y/N No
Year Built 1900
Lot Size 6,499 Sqft
Property Description
341 Georgia St is a pride of ownership building located in the Vallejo city center, showcasing a blend of modern upgrades and preserved Victorian charm. All residential units, 8 in total, and one of the two commercial units have been fully renovated to contemporary standards. These renovated units boast high ceilings, stainless steel appliances, including microwaves and dishwashers, new kitchen cabinetry with countertops, vinyl plank flooring, updated bathrooms, and modern lighting fixtures. Despite these updates, the building still retains its original and beautifully designed Victorian features such as picture rail moldings, built-in bedroom cabinets, large bay windows, and exposed brick walls, adding a unique character and appeal. The strategic improvements made to the property, coupled with its prime location, have enabled the current owner to command rents close to market rates for the area. Additionally, there are opportunities for the new owner to increase revenue by leasing the currently vacant retail and storage spaces, further enhancing the building's performance.
Location
State CA
County Solano
Interior
Heating Radiant
Cooling None
Fireplace No
Appliance Gas Water Heater, Dryer, Washer
Exterior
Roof Type Composition
Total Parking Spaces 2
Building
Lot Description Street Level
Others
Tax ID 0056192050
Financing Conventional
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Bought with Mala Mahlebashian • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner