410 S 34Th St, Richmond, CA, CA 94804
- $1,250,000
- List Price
- $1,250,000
- Status
- ACTIVE
- MLS#
- 41136845
- County
- Contra Costa
- Year Built
- 1963
- Square Feet
- 7,875
- Days on Market
- 58
- Property Type
- Multifamily
- Neighborhood
- Pullman Area
Property Description
www.410s34th.com; 6.97% cap rate and 8.94 GRM. 6-unit apartment complex with excellent current cash flow and strong rental upside. The unit mix is ideal and includes six 2bd/1bth units with two backyards and is nearly 100% occupied. There is one vacant unit we are holding vacant for showing purposes and possible owner-occupants but can be leased before closing for investors. The property was originally built in 1963, offers approximately 4,814 square feet of living space, and sits on 7,875 square feet lot with off-street parking. The property is easy to manage and separately metered for gas and electric providing for low annual operating expenses. The units have been remodeled over time and offer a mix of updated kitchens and bathrooms with wood floors, double pane windows, custom tile, and new paint. The owner self-manages the building and all the tenants are nice and current on rent. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner.
/u.realgeeks.media/grandestatesca/dp_logo_w_background.png){kind=logo}
Additional Information
- Parcel Number
- 5131630088
- Heat
- See Remarks
- Cooling
- Yes
- Exterior Construction
- See Remarks
Listing courtesy of Listing Agent: David Howarth (david@pinzagroup.com) from Listing Office: The Pinza Group, Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.