Property
Listing Agent: Steven Pinza (DRE #01867691) · Listing Office: The Pinza Group, Inc · Contact: 510-725-4775 · Bought with: Steven Pinza · The Pinza Group, Inc · MLS #41020346 · Source: CRMLS
Showing: Friday 3/3 from 11am-12:30pm; www.2220Costa.com; Well Located Fourplex and Triplex Totaling Seven Units in Richmond's Hot Rental Market; Comprised of Seven 2bd/1bth Units, Each w/ Single Car Attached Garage & Storage; Fresh Exterior Paint, Improved Parking Lot, and Coin-Operated Laundry for Additional Income; Huge Rental Upside Upon Annual Rent Increases, Tenant Turnover, and Capital Improvements; 5.19% Current Cap & 10.78% Market Cap; 11.40 Current GRM & 6.87 Market GRM; Priced Below $200K/Unit with Over 40% Rental Upside; Email Agent on Website For Complete Marketing Package.
Listing description from the April 2023 sale, as reported to CRMLS.