854 7Th St, Richmond, CA 94801

About this fourplex

Fourplex will be delivered to buyer with 3/4 units year long leases in place at the close of escrow, at the moment we are doing drive by viewings only subject to inspection. Currently listed at a 7.02% Cap rate with proforma of 8.46%. This parcel is comprised of four 2-bed 1-bath units providing 8 bedrooms and 4 bath for a family buying, house hacker getting into their first unit, or an investor getting of an investor to cashflow the units. Email listings agent for questions and financials. Disclosures in link. One unit could be delivered vacant upon request for buyer. Great opportunity for potential ADU for homeowners & investors alike. Possible seller carry on a small portion of the loan.

Listing description from the May 2024 sale, as reported to CRMLS.

Sale history

$860,000

Sold May 2024 · listed $888,000, on market April 2024 · MLS #41057359 · Source: CRMLS

Listing Agent: Conner Applegate · Listing Office: Conner Applegate, Broker · Contact: 925-726-7120 · Bought with: Robert M. Balina · Synergize Realty

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