145 5Th St., Richmond, CA 94801
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Sold Price :
$785,000
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Beds :
N/A
-
Baths :
-
Property Size :
N/A sqft
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Year Built :
1964
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.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Flooring Information |
| Material |
Carpet, Vinyl |
Listing Information
| Address |
145 5Th St. |
| City |
Richmond |
| State |
CA |
| Zip |
94801 |
| County |
Contra Costa |
| Listing Agent |
Ethan Berger DRE #01868467 |
| Courtesy Of |
NAI Northern California |
| Close Price |
$785,000 |
| Status |
Closed |
| Type |
Residential Income |
| Subtype |
Quadruplex |
| Structure Size |
N/A |
| Lot Size |
5,639 |
| Year Built |
1964 |
Listing information courtesy of: Ethan Berger, NAI Northern California. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 23rd, 2024 at 1:40 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
