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Key Details
Sold Price $1,175,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40988694
Sold Date 07/01/22
HOA Y/N No
Year Built 1988
Annual Tax Amount $17,514
Lot Size 7,200 Sqft
Property Sub-Type Apartment
Property Description
This well-maintained building is a great investment opportunity located in Richmond, CA. Built in 1988, and being sold by the original developers. This 5,336 square foot property consists of six spacious 2 bed/1 bath units. Each unit is separately metered for PG&E, keeping operating expenses low for new ownership. Also, an onsite coin-operated laundry room will bring in additional income. There are 6 covered parking and storage spaces for each apartment. Behind the complex, tenants will enjoy a large backyard and shared BBQ space. Richmond is centrally located and is a prime location to live and commute to many Bay Area cities. The property is a short 10-minute drive to the newly build Richmond Ferry Terminal, close to Richmond Bart station, a 15-minute drive to downtown Berkeley, and less than 30 minutes to downtown San Francisco. Renters can take advantage of the numerous restaurants, coffee shops, and grocery stores in the neighborhood.
Location
State CA
County Contra Costa
Interior
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Total Parking Spaces 6
Building
Lot Description Street Level
Others
Tax ID 528360011
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Bought with Jannie Chen KW Peninsula Estates
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Ivan Perez
Broker Associate | License ID: 01952891
Broker Associate License ID: 01952891