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Anna Ton

anna@pacificwide.com +1(669) 899-7659

Listed by Mark DuBois • Keller Williams Rlty East Bay

$ 900,000

Est. payment -/mo

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Open Tue 12PM-1PM

420 5Th St Richmond, CA 94801

7 Beds

3 Baths

2,468 SqFt

OPEN HOUSE

Tue Jun 24, 12:00pm - 1:00pm

Wed Jun 25, 6:00pm - 7:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,468 sqft

Price per Sqft $364

MLS Listing ID MR41101466

Bedrooms 7

Year Built 1910

Lot Size 5,650 Sqft

Property Sub-Type Triplex

Source Bridge MLS

Property Description

This turnkey Triplex with Cash Flow in a convenient location will unlock immediate income as it is fully leased, generating $7,650/month in rent-$91,800 annually-and offering an impressive 7% cap rate at the current asking price. With low annual maintenance costs (approx. $3,600), this well-maintained gated property is a rare opportunity to secure strong market rents from day one. The property features: - Two spacious 3BD/1BA units in a duplex-one partially remodeled - A charming, remodeled 1BD/1BA detached unit with a large bonus basement - In-unit laundry for all three residences - Secure, gated parking for approximately 4 vehicles - A sizable shared yard, ideal for tenants Conveniently located just 7 minutes from the Richmond Ferry Terminal, with fast access to San Francisco. Plus, minutes to Kaiser hospital. This property also qualifies for special loan programs thanks to its location in an eligible lending area. Whether you're expanding your portfolio or looking for a low-maintenance, income-producing property in a growing market, or even want to move in and offset the mortgage with rental income, 420 5th Street delivers on value, versatility, and long-term upside.

Location

State CA

County Contra Costa

Area Richmond - North & West/Parchest

Interior

Heating Wall Furnace

Cooling Ceiling Fan

Flooring Laminate, Tile, Vinyl

Laundry Laundry Area - In Unit

Exterior

Exterior Feature Stucco

Parking Features Spaces per Unit - 1, Off-Street Parking

Garage Spaces 4.0

Roof Type Composition

Building

Lot Description Regular

Sewer Sewer - Public

Water Public

Others

Tax ID 538-080-030-9

Special Listing Condition Not Applicable

Virtual Tour https://www.tourfactory.com/idxr3044063

Anna Ton

Agent | License ID: 02188651

+1(669) 899-7659

Anna Ton

420 5Th St Richmond, CA 94801

OPEN HOUSE

Key Details

Location

Interior

Exterior

Building

Others

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420 5Th St