Property Details
About this Property
4143-4169 Fran Way, Richmond, positioned on the border of El Sobrante. This premier property comprises 12 townhome-style units with individual garages for each unit. The units features 2 bedrooms and 1.5 baths, caters to a diverse demographic, ensuring broad market appeal. Majority of the units have their own balconies increasing the rent-ability and value. The property is fully stabilized with 100% occupancy with an in-place Cap Rate of 6.17% and produces nearly a 5% cash on cash return day one. With a 10.8 GRM and $261 price per square foot, this investment is one you do not want to miss out. The property's location on the El Sobrante border and provides residents access to the amenities and charm of both Richmond hills and El Sobrante. Investors keen on maximizing returns and unlocking additional value should consider the prospect of condo conversion, turning each unit into a 2bed town-home condo (Buyer to do their own research).
MLS Listing Information
MLS #
EB41048716
MLS Source
Bridge MLS
Interior Features
Flooring
Other
Laundry
Community Facility
Cooling
Other
Parking, School, and Other Information
Garage/Parking
Attached Garage, Tandem Parking, Garage: Car(s)
Water
Other
Complex Amenities
Other
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | – |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 1,000 | 2 | 0/0 | – | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
4143 Fran Way is a Residential Income in Richmond, CA 94803. This 12,240 square foot property sits on a 0.72 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1975. This address can also be written as 4143 Fran Way, Richmond, CA 94803.
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This listing information is up-to-date as of April 17, 2024. For the most current information, please contact Willem Bos, (916) 698-9954
