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Rare cash flow opportunity with $13,288 in Monthly Rental Income. This Fourplex is rented out per bedroom with 4 Bedrooms in each of the units four units, totaling 16 bedrooms. Separately rented as follows: $855, $694, $694, $880, $990, $908, $900, $1100, $750, $900, $565, $565, $900, $900, $886, $801 = $13,288. 4 Rooms in each unit share 1 Kitchen/Dining Area. Currently at a 7.65% Cap Rate with the potential to reach 8.57%. Very well Maintained. Access to BART and freeways makes this a popular rental location. BART is at walking distance. Financials are in Disclosures upon request, contact listing agent for more details/questions.
Property Type(s):
Multi Family
| Last Updated | 3/21/2023 | Year Built | 1908 |
|---|---|---|---|
| Community | Richmond - South | County | Contra Costa |
Price History
| Prior to Mar 21, '23 | $1,450,000 |
|---|---|
| Mar 21, '23 - Today | $1,439,000 |
Additional Details
| AIR | Ceiling Fan(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Richmond - South |
| BASEMENT | None, Yes |
| CONSTRUCTION | Stucco |
| EXTERIOR | Entry Gate |
| GARAGE | Street Parking |
| HEAT | Wall Furnace |
| LOT | 3485 sq ft |
| LOT DESCRIPTION | Corner lot |
| PARKING | Street Parking |
Listed with Conner Applegate | 925-726-7120, Corcoran Icon Properties
Bay East ©2023. CCAR ©2023. bridgeMLS ©2023. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 4/1/23 2:00 PM PDT
This IDX solution is (c) Diverse Solutions 2023.
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