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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