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.
MLS #
EB41057359
MLS Source
Bridge MLS
Flooring
Carpet - Wall to Wall, Laminate, Tile
Cooling
Air Conditioning - None
Heating
Electric
Roof
Composition
Garage/Parking
Off-Street Parking, Garage: Car(s)
Sewer
Public Sewer
Water
Public
Complex Amenities
Other
# Buildings | # Leased Units | # Total Units |
---|---|---|
– | – | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 775 | 2 | 0/0 | $1,750 |
2 | 755 | 2 | 0/0 | $1,725 |
3 | 755 | 2 | 0/0 | $1,695 |
4 | 755 | 2 | 0/0 | $1,795 |
854 7th St is a Residential Income in Richmond, CA 94801. This 3,023 square foot property sits on a 4,000 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $860,000 and was built in 1917.
This address can also be written as 854 7th St, Richmond, CA 94801.©2024 Bridge MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bridge MLS.
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This listing information is up-to-date as of June 19, 2024. For the most current information, please contact Conner Applegate, (925) 726-7120