Richmond, CA 94801,854 7Th St

$860,000

$888,000

3.2%
Est.Price: ?

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Est. payment /mo

8 Beds

3,023 SqFt


SOLD DATE : 05/27/2024

Key Details

Sold Price $860,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,023 sqft

Price per Sqft $284

MLS Listing ID 41057359

Sold Date 05/27/24

Bedrooms 8

HOA Y/N No

Year Built 1917

Lot Size 4,000 Sqft

Acres 0.09

Property Description

Fourplex will be delivered to buyer with 3/4 units year long leases in place at the close of escrow, at the moment we are doing drive by viewings only subject to inspection. Currently listed at a 7.02% Cap rate with proforma of 8.46%. This parcel is comprised of four 2-bed 1-bath units providing 8 bedrooms and 4 bath for a family buying, house hacker getting into their first unit, or an investor getting of an investor to cashflow the units. Email listings agent for questions and financials. Disclosures in link. One unit could be delivered vacant upon request for buyer. Great opportunity for potential ADU for homeowners & investors alike. Possible seller carry on a small portion of the loan.

Location

State CA

County Contra Costa

Area Listing

Rooms

Basement None

Interior

Heating Electric

Cooling No Air Conditioning

Flooring Laminate, Tile, Carpet

Fireplace No

Window Features Window Coverings

Exterior

Exterior Feature Back Yard

Building

Lot Description Regular

New Construction No

Others

Tax ID 5340230266

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Bridge MLS
Listed by Conner Applegate • Conner Applegate, Broker
Bought with Robert M.Balina
agent-avatar

+1(888) 897-9667

support@houstir.com

1300 Eastman Ave, Ventura, California, 93003

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