Property Detail

854 7Th St

Richmond CA 94801

$888,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Conner Applegate of Conner Applegate, Broker. Last updated 2024-05-07 08:11:46.000000. Listing information © 2021 CRMLS.

Steele Realty Group

Steele Realty Group

Real estate https://www.royacdn.com/unsafe/Site-4f49a9be-20f3-4cec-be58-b7dc6a64d2f5/homepage_images/Screenshot_2021_07_16_161602.jpg realtor # # https://www.royacdn.com/unsafe/Site-4f49a9be-20f3-4cec-be58-b7dc6a64d2f5/homepage_images/Screenshot_2021_07_16_161602.jpg