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Listed by Conner Applegate • Conner Applegate, Broker
$ 959,000
Est. payment /mo
New
501 S 30Th St Richmond, CA 94804
8 Beds
4 Baths
3,212 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,212 sqft
Price per Sqft $298
MLS Listing ID EB41117746
Bedrooms 8
Year Built 1965
Lot Size 6,400 Sqft
Property Sub-Type Fourplex
Source Bridge MLS
Property Description
Well-maintained 4-unit complex with significant upside potential. All units rent below market, with three substantially under area rates. The property features four larger-than-average units that are two bedroom one bath each, four detached covered parking garages that could be converted to ADUs under new state overlay, and a spacious backyard suitable for additional ADU development. Fully occupied with strong rental demand. Recent upgrades include new roofs, one remodeled unit, interior wall insulation, flooring, stucco & window upgrades. Laundry hookups available for coin/card-op conversion. See current cap rate 6.09 and proforma 9.14%, view in disclosure packet. Low 3% interest rate avalible for investors with large downpayment. Contact listing agent for details.
Location
State CA
County Contra Costa
Area Richmond - South
Interior
Heating Wall Furnace
Cooling Air Conditioning - None
Flooring Laminate, Tile
Laundry In Laundry Room, Other, Coin Operated
Exterior
Exterior Feature Stucco
Parking Features Garage, Off-Street Parking
Garage Spaces 4.0
Building
Sewer Sewer - Public
Others
Tax ID 549-192-011-1
Special Listing Condition New, Not Applicable
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