$563,500
$550,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
1712 Fred Jackson Way Richmond, CA 94801
4,791 Sqft Lot
Key Details
Sold Price $563,500
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40927200
Sold Date 02/22/21
HOA Y/N No
Year Built 1968
Lot Size 4,791 Sqft
Acres 0.11
Property Description
All tenants are on month-to-month leases at below-market rents, allowing significant rental upside upon turnover. Two 3 bed,1 bath units with hardwood floors throughout and updated kitchens. Garage conversion is 1 bed, 1 bath. Gross rents $48,000/year.** 6% CAP rate. Tenants pay water and PG&E. Home and pest inspections available. Property is located in unincorporated Contra Costa County, which does NOT fall under City of Richmond rent control laws***. **Neither seller nor listing agent has verified the accuracy of any of these sources of information. ***Buyer to independently verify with County/State regarding rent control and just-cause eviction laws, which may apply.
Location
State CA
County Contra Costa
Interior
Heating Wall Furnace
Flooring Laminate
Fireplace No
Appliance Dryer
Exterior
Roof Type Shingle
Building
Lot Description Street Level
Sewer Public Sewer
Others
Tax ID 4091910150
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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Bought with Suraj Pakhrin • Everest Realty Group