Richmond, CA 94801,145 5th St.
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Richmond, CA 94801,145 5th St.
Richmond, CA 94801,145 5th St.
Richmond, CA 94801,145 5th St.
Richmond, CA 94801,145 5th St.

$785,000

Est. payment /mo

$849,000

7.5%
Est.Price: ?

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145 5th St. Richmond, CA 94801

8 Beds

4 Baths

3,004 SqFt

SOLD DATE : 08/20/2024

Key Details

Sold Price $785,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,004 sqft

Price per Sqft $261

MLS Listing ID EB41066523

Sold Date 08/20/24

Bedrooms 8

Originating Board Bridge MLS

Year Built 1964

Lot Size 5,639 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

Area Other Area

Interior

Heating Heating - 2+ Zones

Cooling Multi-Zone

Flooring Vinyl, Carpet - Wall to Wall

Exterior

Exterior Feature Stucco, Wood Frame

Parking Features Attached Garage, Spaces per Unit - >1

Garage Spaces 4.0

Roof Type Rolled Composition

Building

Lot Description Regular

Sewer Sewer - Public

Water Public, Heater - Gas

Others

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by Ethan Berger • NAI Northern California
Bought with Dulce Garcia De Sainz • Corcoran Icon Properties
agent

Luis Vasquez

Agent | License ID: 02083319

+1(650) 200-8722

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