Richmond, CA 94801,145 5th St.
Richmond, CA 94801,145 5th St.
Richmond, CA 94801,145 5th St.
Richmond, CA 94801,145 5th St.
Richmond, CA 94801,145 5th St.
Richmond, CA 94801,145 5th St.
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$785,000

$849,000

7.5%
Est.Price: ?

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Est. payment /mo

5,641 Sqft Lot


SOLD DATE : 08/20/2024

Key Details

Sold Price $785,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 41066523

Sold Date 08/20/24

HOA Y/N No

Year Built 1964

Lot Size 5,641 Sqft

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

Interior

Heating Forced Air

Flooring Carpet, Vinyl

Fireplace No

Appliance Gas Water Heater

Exterior

Parking Features Garage

Roof Type Composition

Total Parking Spaces 4

Building

Lot Description Back Yard

Sewer Public Sewer

Others

Financing Conventional

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California Regional MLS (CRMLS)
Listed by Ethan Berger • NAI Northern California
Bought with Dulce Garcia De Sainz • Corcoran Icon Properties
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