854 7TH ST
RICHMOND, CA 94801

$888,000

8 Beds

0 Baths

3,023 Sq Ft

Status Pending

MLS# 41057359

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.

Details for 854 7TH ST

$294 / Sq Ft

0 parking spaces

Electric

38 Days on website

0.09 acres lot

Interior

Appliances

Bedrooms Total

Fireplace Features

Flooring

Carpet, Laminate, Tile

Interior Features

Laundry Features

Living Area

3,023 SqFt.

HOA Features

Association Amenities

Association Fee Includes

Building And Construction

Accessibility Features

Door Features

[]

Property Sub Type

Multi Family

Property Type

Residential Income

Security Features

[]

Window Features

Window Coverings

Year Built

1917

Exterior And Lot

Exterior Features

Back Yard

Lot Features

Regular

Lot Size Acres

0.09

Lot Size Square Feet

4000

Lot Size Units

Acres

Parking Features

Off Street

Pool Features

[]

Spa Features

[]

Waterfront Features

[]

Utilities

Cooling

["No Air Conditioning"]

Heating

Electric

Area And Schools

City

Richmond

County Or Parish

Contra Costa

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Additional Info

Close Date

2024-05-27T00:00:00.000Z