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Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40985815
Sold Date 05/31/22
HOA Y/N No
Year Built 1942
Lot Size 5,000 Sqft
Property Sub-Type Triplex
Property Description
Amazing investment opportunity Triplex located on a quiet street with easy access to 580 and 80. Three units all similar size and layout. All are occupied on month to month leases. Each unit is approximately 696 sq.ft and each of them are 2/1 layouts. One 2bd/1bth located below with no stairs and two 2bd/1bth units in back above with stairs but also single level. each unit layout is nearly identical with nice kitchen, gas cooktop, each unit has 2 spacious bedrooms and nice size living and dining areas. Each unit has 2 off street parking spaces. Great for Owner occupied move in or Investment Property. 24% upside to market rents. Effective cap rate at 6.05% with a Market Cap of 8.3%
Location
State CA
County Contra Costa
Interior
Heating Wall Furnace
Flooring Carpet, Laminate
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features Covered, Carport
Roof Type Shingle
Total Parking Spaces 6
Building
Lot Description Back Yard, Street Level
Sewer Public Sewer
Others
Tax ID 509360013
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Conventional, 1031 Exchange, FHA
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Bought with Sunita Easterday S & R Homes Realty
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Ivan Perez
Broker Associate | License ID: 01952891
Broker Associate License ID: 01952891