94590 Homes with Triplex Subtype

Welcome to Vallejo, California, where the vibrant community meets picturesque landscapes in the heart of Solano County! The 94590 zip code is a hidden gem, offering a blend of rich history, diverse culture, and stunning waterfront views. Nestled between the San Francisco Bay and the rolling hills of Napa, Vallejo is an ideal place for families, professionals, and investors alike.

In 94590, you'll find an array of housing options, but one standout choice is the triplex subtype homes. These multi-family residences are perfect for those looking to invest in real estate while enjoying the benefits of rental income. A triplex allows homeowners to occupy one unit while renting out the other two, making it an excellent opportunity for first-time buyers and seasoned investors alike.

The charm of triplex homes in this area lies not only in their potential for income but also in their architectural diversity. You can discover beautifully restored vintage properties alongside modern builds, each offering unique characteristics and ample living space. With Vallejo’s affordable real estate market, triplexes provide an attractive investment option, allowing you to capitalize on the growing demand for rental properties in this thriving city.

Living in the 94590 zip code means easy access to local amenities, including parks, shopping, dining, and entertainment options. Plus, with convenient transportation links to San Francisco and beyond, you can enjoy the best of both worlds—urban excitement and suburban tranquility. Explore the possibilities of triplex living in Vallejo, where your dream of homeownership and investment can become a reality!

Newest 94590 Homes with Triplex Subtype

$829,999

41148291 MLS ⋅ Active Status

Excellent multi-family / residential income investment opportunity in the heart of downtown Vallejo! This 4,269 SF 3-unit mixed-use building at 531-537 Georgia St features 3 fully leased income-generating units at 100% occupancy, offering immediate, stable cash flow with upside potential. Built in 1930 and renovated in 2023, the property has been meticulously maintained with a newer roof (~5 years old), upgraded electrical capacity with PG&E (including new exterior panels), new gutters, and fresh exterior paint. Unit 537 features additional high-value upgrades including new split HVAC, new flooring, and a new electrical subpanel. Zoned DMX (Downtown Mixed Use), the property offers high-density residential and commercial flexibility on a 6,500 SF lot complete with off-street rear parking plus ample street parking. Prime location just half a block from Old Town Vallejo, moments from the Farmers Market, Empress Theatre, and Georgia Street corridor. Current Cap Rate 6.72%, Pro Forma 6.88%. Buyer to verify all measurements, income, expenses, and zoning uses

531 Georgia St, Vallejo

$749,000

41129724 MLS ⋅ Active Status

HUGE 3-unit apartment complex consisting of one large 2bd/1bth top unit and two 1bd/1bth bath lower units with strong current cash flow and excellent rental upside. Current cap rate is 5.95% and the current GRM is 11.82 and the price/square foot is only $235! One unit will be delivered vacant at closing unit making for a perfect set-up for owner occupants. The property was originally built in 1925, offers approximately 3,180 square feet of living space, and sits on a 6,240 square foot lot with a large landscaped backyard and parking for three cars. The units have been updated and offer newer cabinets and countertops, wood floors, stainless steel appliances, custom lighting and molding, in-unit laundry, and more. All known maintenance issues have been addressed, and the property is separately metered for electric and gas, providing low annual operating expenses. Property management is easy and the building rents fast when there’s a vacancy. This is a high demand rental location that's walking distance to many restaurants, coffee shops, and grocery stores in the Historic District and only a short distance to the Mare Island waterfront and Vallejo marina.

926 Georgia St, Vallejo

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.