Active

854 7Th St

Richmond CA, 94801

$888,000


$293.75 per sqft

Active

8 Beds

3,023 sqft

Multi-family

Built in 1917

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.

41057359

MLS ID

April 25, 2024

Listed

May 2, 2024

Updated

Map

854 7Th St
Richmond CA, 94801

Interior Features

Bedrooms

8


Floor Description

Laminate, Tile, Carpet


Fireplace

No


Cooling

Yes


Cooling Description

No Air Conditioning


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.09 Acres


Exterior Features

Back Yard


Lot Features

Regular

Other Property Details

Area Name

Richmond


Garage

No


Parking

Off Street


View

No


County

Contra Costa


Pool

No


Buyer Agency Compensation

2.5%

Listed by Conner Applegate with Conner Applegate, Broker
Listing Contact: 925-726-7120 

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