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854 7th St
$860,000

854 7th St

8 Beds 4 Baths 3,023 Sq.Ft.

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.

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Location

854 7th Street, Richmond, CA 94801

Status

Sold
Robert Balina

Robert Balina

TITLE

Team Lead

Property Amenities

Interior
Total Bedrooms: 8
Full Bathrooms: 4
Area & Lot
Lot Area 4,000 Sq.Ft.
Living area 3,023 Sq.Ft.
Year Built 1917
Type Multi-Family
Status Sold
Finance
Sales Price $860,000

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