$785,000
$849,000
7.5%For more information regarding the value of a property, please contact us for a free consultation.
145 5th St. Richmond, CA 94801
8 Beds
3,004 SqFt
Key Details
Sold Price $785,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,004 sqft
Price per Sqft $261
MLS Listing ID 41066523
Sold Date 08/20/24
Bedrooms 8
HOA Y/N No
Year Built 1964
Lot Size 5,639 Sqft
Acres 0.13
Property Description
145 5th St. in Richmond, CA consists of four large 2-bed, 1-bath units, each with an individual garage, driveway parking, and spacious backyard. The units are individually metered for PG&E and feature Vinyl & Carpet Floors, Dual Pane Windows, and Zoned Central Air Cooling, Forced Air Heating. This property offers high day-1 cash flow and a high Market Cash-on-Cash Return at 8.98%. It resides in a prime Bay Area location, with Richmond being a highly sought after city to live in boasting a total population of 114,300. The ever increasing desire for people to live here consistently drives up rent prices, making this a perfect long or short term hold opportunity for investors. 145 5th St. is uniquely nestled between major points of interest such as the Richmond Ferry Terminal, Kennedy High School, Multiple BART Stations, Costco, Point Isabel, Safeway, Target, and other major retailers and local restaurants.
Location
State CA
County Contra Costa
Area Listing
Rooms
Basement None
Interior
Interior Features Storage
Heating Zoned
Cooling Zoned
Flooring Vinyl, Carpet
Fireplace No
Window Features Window Coverings
Appliance Gas Water Heater
Exterior
Exterior Feature Back Yard, Storage Area
Utilities Available All Public Utilities, Individual Electric Meter, Individual Gas Meter
Total Parking Spaces 8
Building
Lot Description Regular, Back Yard
New Construction No
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with Dulce GarciaDe Sainz