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Listing 9 out of 500
$1,850,000 New For Sale

155 W Richmond Avenue
Richmond, CA 94801

3 units | Multi Family Home
4792 sq ft lot - MLS# 40881442
Property Photo
1/10

Description

This is a gorgeous mixed use retail + 2 apartments with strong fundamentals. The unit mix consists of a large 1 bedroom, 1 bathroom and a large 2 bedroom, 1 bathroom with a retail grocer on the first floor. Highway 580 is only 0.5 miles away and being centrally located in Point Richmond makes it perfect for an owner occupied use or pure investment hold with additional upside.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Contra Costa County
  • Zip Code: 94801
  • Year Built: 1925
  • Age: 94
  • Units: 3 units
  • Lot Size: 4792 sq ft lot
  • View: Downtown
  • Annual Expense Year: 38430
  • Annual Gross Fee Income: $141,847
  • Annual Gross Sched Income: $141,847
  • Annual Insurance Expense: $1,780
  • Annual Maintance Exp: 1500
  • Annual Rental Inc: 141847
  • Annual Total Oper Exp: 38430
  • Annual Utility Expense: $2,960
  • Cooling: Window/Wall Unit(S), Other
  • Existing Lease Terms: Month To Month
  • Exterior: Masonry, Stucco, Block
  • Flooring: Hardwood Floors, Tile, Other
  • Heating: Gas
  • Lot Sq Ft Apx: 4800
  • Net Operating Income: $99,161
  • Operating Expenses: Electric, Garbage Collection, Gas, Insurance, License/Ads, Maintenance/Repair, Property Tax/Assessments, Trash Removal, Utilities, Water, Other
  • Other Annual Expense: $750
  • Other Units: Store(S) Included
  • Separate Meters: Electric, Gas
  • Some Units Have: Deck, Dishwasher, Other
  • Tenant Pays: Electric, Gas
  • Water/Sewer: Sewer System - Public
  • Yard Description: Fenced
Courtesy of Joseph M. Tapia, Broker, Ethan Berger

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David N. Iphie
Dave Realty & Investments
303 Hegenberger Rd #311
Oakland, CA 94621
510-813-9216
Contact Me

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David N. Iphie | 510-813-9216 | Contact Me
303 Hegenberger Rd #311 - Oakland, CA 94621
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