590 Merchant St StVacaville, CA 95688

This exceptional investment opportunity encompasses four properties in Vacaville, California, offering a diverse portfolio with significant income potential. The portfolio includes two commercial buildings and two residential units. The first commercial building, located at 590 Merchant Street, is a 758-square-foot retail unit currently leased at $1,704.65 per month, generating a gross annual income of $20,455.80. The lease expires February 28, 2027, and the market rent is $2.84 per square foot. The second commercial building, situated at 630 West Street, comprises 1,300 square feet of retail space, divided into two units. Unit B rents for $1,130 per month and expires August 31, 2024, while Unit C rents for $1,201 per month on a month-to-month basis, expiring December 31, 2028. These units generate a combined annual gross income of $27,972. The market rent for this building is $2.42 per square foot. The residential properties add to the portfolio's strength. A 559-square-foot, one-bedroom, one-bathroom unit at 104 Walnut Street, currently rented at $1,450 per month ($2.42 per square foot) on a month-to-month basis, generates $17,400 in annual gross income. Finally, a completely remodeled 1,222-square-foot, three-bedroom, two-bathroom residence at 624 West Street, commands a monthly rent of $2,600 ($2.13 per square foot), resulting in an annual gross income of $31,200. This lease expires April 30, 2024. The combined annual gross income for all four properties totals $97,027.80. The asking price for the entire portfolio is $1,650,000. This is a rare opportunity to acquire a well-diversified, income-producing portfolio in a desirable location.