2118 Woolner Ave, Fairfield, CA 94533
4 Unit Apartment Building | $1,195,000 ($298,750/Unit) | 5.46% Cap Rate | Fairfield, CA 94533
For Sale
Active
Asking Price $1,195,000
- Property Type
-
Multifamily
- Square Feet
- 4,114 SF
Listing Contacts
- Property Info
Property Overview
The Pinza Group is pleased to present 2118 Woolner Ave in Fairfield, CA, featuring four total units comprised of two 3bd/1.5bth units and two 2bd/1bth units on an expansive 16,460 SF lot. Each unit is separately metered for gas and electricity. There is an opportunity to implement RUBS for water and garbage, increasing NOI by $6,500 per year. On-site amenities include two oversized garages, central heat and air, and washer/dryer hookups in each unit. The 2-bedroom units have large private covered balconies, while the 3-bedroom units feature attached patios. The property is 100% occupied by paying and stable tenants. The generous lot size allows for the potential to build additional ADUs for increased rental income. Located in a prime Fairfield area, the property offers easy access to freeways and is close to popular restaurants, cafes, downtown, schools, shopping options, and a scenic walking trail.
Property Details
- Class
- C
- Year Built
- 1989
- Stories
- 2
- Lot Size (sq. ft)
- 16,553 SF
- Units
- 4
Highlights
- This Investment Opportunity Features Four (4) Total Units Comprised of Two (2) 3bd/1.5bth Units and Two (2) 2bd/1bth Units on Expansive 16,460 SF Lot
- Separately Metered for Gas and Electricity - Opportunity to Implement RUBS for Water/Garbage and Increase NOI by $6,500 per Year
- On-Site Amenities Include Two Car Oversized Garages, Central Heat Air, and Washer/Dryer Hookups in Each Unit
- The Generous Lot Size Allows for the Potential to Build Additional ADU's for Increased Rental Income
- 100% Occupied by Paying and Stable Tenants with No City Rent Control
- Prime Fairfield Location - Easy Access to Freeways and Close to Popular Restaurants, Cafes, Downtown, Schools, Shopping, and a Scenic Walking Trail
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