420 5Th St

Richmond, CA, 94801

$950,000

$384 per ft²
$950,000
$384 per ft²
Active
Active
 - For Sale
beds
7 Beds
baths
3 Baths
carpenters-square
2,468 ft²
property_type
Multi-family
calendar
Built 1910
Take advantage of this Rare Opportunity to get market rents on three units in a well maintained gated property with low expenses! Potential $7,800 per month ($93,600 annual) income, yielding nearly a 7 capitalization rate! Two 3 bed, 1 bath units in the duplex and a detached 1 bed, 1 bath (updated) unit with a large basement area. All units are clean and ready to rent! Just fill them with tenants and start collecting! Each unit has its own laundry unit. There is a sizable yard and parking for 6 cars on site. It's in an improving area, with a park, Kaiser and many amenities nearby, not to mention, it is only about a 7 min drive to the ferry that takes you to San Francisco. Additionally, it qualifies for the First Republic Eagle Program which has a reduced interest rate for owner occupants. Be sure to grab this deal soon!
MLS® ID:
41018459
Listed:
2/1/23
Updated:
3/31/23

Interior Features

Total Bedrooms
7
Total Bathrooms
3
Interior Features
Storage
Laundry Description
Washer/Dryer Hookups, No Hookups
Floor Description
Laminate, Tile, Vinyl
Cooling
Ceiling Fan(s)
Heating
Wall Furnace

Exterior/Building Features

Lot Size
5,650 ft² lot
Exterior Features
Entry Gate, Low Maintenance, Storage Area
Lot Details
Regular
Roof
Composition Shingles, Other
Sewer
Public Sewer

Other Property Details

Area Name
Richmond - North & West/Parchester
Garage
No
Parking
Off Street, Space Per Unit - 1, Side By Side
View
N
County
Contra Costa
Water Source
Public
Pool
No

Property History

Date
Event
Price
Value
3/30/23
Price Change
$950,000
-4%

Courtesy of Mark DuBois with KW Advisors
Listing Contact:  

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