Bought with Scott Bui • Alliance Bay Realty
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Key Details
Sold Price $840,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,501 sqft
Price per Sqft $335
Subdivision North Richmond
MLS Listing ID 40924653
Sold Date 11/24/20
HOA Y/N No
Originating Board BAY EAST
Year Built 2002
Lot Size 2,500 Sqft
Property Description
Built in 2002, this fourplex has had only two owners. Each unit includes a large, private garage, one bedroom and bathroom, full kitchen and exterior deck or patio. Owner-occupy opportunity or an increase of overall rental income with a new tenant. Property has separate gas and electric meters. Owner pays water, sewage and trash. Given age and current care of property, maintenance costs and management needs are low. All rents are current and mirror market value. This is an excellent opportunity for a first-time buyer as well as an investment shift from an unpredictable stock market. Current cash flow is at a 6.7% CAP rate.
Location
State CA
County Contra Costa
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Tile, Engineered Wood
Fireplace No
Laundry Common Area
Exterior
Parking Type Garage
Building
Lot Description Regular
Water Public
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
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