Benicia Homes with 5 or More Units Property Subtype

Welcome to Benicia, California – a charming city nestled along the shores of the Carquinez Strait in Solano County. Known for its rich history, vibrant arts scene, and stunning waterfront views, Benicia is a hidden gem in the Bay Area that offers a unique blend of small-town charm and modern amenities. With a population of just over 28,000, this picturesque city boasts a tight-knit community, excellent schools, and an array of recreational opportunities, making it an ideal place to call home.

For investors and homebuyers looking for lucrative opportunities, Benicia presents a compelling market for homes with five or more units. These multi-family properties are not only a smart investment but also a chance to contribute to the community’s growth. With the demand for rental properties on the rise, owning a multi-family unit in Benicia can provide a steady stream of income while allowing you to be part of this thriving city.

Imagine owning a property that offers easy access to local parks, waterfront trails, and the historic downtown area, filled with charming shops, cafes, and art galleries. Residents here enjoy a laid-back lifestyle with a strong sense of community, while also being just a short drive away from the bustling cities of San Francisco and Sacramento.

Whether you’re a seasoned investor or a first-time buyer, Benicia’s multi-family homes offer an exceptional opportunity to invest in a desirable location. Explore the possibilities today and discover why so many are choosing to make Benicia their home!

Newest Benicia Homes with 5 or More Units Property Subtype

$3,550,000

9,744 SqFt. ⋅ 326078848 MLS

Driftwood Apartments presents the opportunity to acquire a well-maintained 13-unit multifamily property in the desirable waterfront community of Benicia. The property consists of twelve two-bedroom, one-bath units and one standalone studio cottage, offering an attractive unit mix with a strong history of tenant performance and ongoing property improvements. Ownership has consistently reinvested in the property over the years, with units upgraded as they turn over and numerous improvements made to the buildings and site. Notable improvements include an engineered site drainage system, protective roof coatings on two buildings, and regular parking lot sealing and striping approximately every five to six years. The property also features mature landscaping and well-maintained common areas. Each building is equipped with a washer and dryer (owned) and a 75-gallon hot water heater. Additional property features include separately metered units, covered assigned parking, and a dedicated storage unit for each residence, providing conveniences that are attractive to tenants and help differentiate the property within the local rental market. Driftwood Apartments benefits from a stable existing tenant base, with all tenants currently paying on time and no outstanding collections or tenant balances owed. The combination of consistent ownership maintenance, upgraded units, covered parking, storage, mature landscaping, and a desirable Benicia location provides an investor with a well-positioned multifamily asset offering durable in-place income.

510 East N Street, Benicia

Listing courtesy of North Valley Real Estate Advisors.

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