$720,000
$725,000
0.7%For more information regarding the value of a property, please contact us for a free consultation.
305 Ripley Ave Richmond, CA 94801
3,920 Sqft Lot
Key Details
Sold Price $720,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40847782
Sold Date 03/11/19
HOA Y/N No
Year Built 1927
Lot Size 3,920 Sqft
Property Description
This convenient investment property is located in a quiet, evolving Richmond neighborhood that is seven minutes drive from the Richmond BART station, and six minutes to the new direct ferry service to San Francisco! This property has four one-bedroom apartments (three units were updated 2014). There is one unleased unit -- this unit updated in late 2018. Three units that are currently leased, have a total current income of approximately $4353.00 (three units). The unleased unit's approximate market value is $1750 to $1900 - for a total of $6100/$6250 + per month income. Common area includes a large shared backyard, two one-car driveways and two half garages. The neighborhood is quiet, and the property is 1031-exchange eligible. Consider making this your home, or income property!
Location
State CA
County Contra Costa
Interior
Heating Baseboard
Cooling See Remarks
Fireplace No
Exterior
Garage Garage, Other
Roof Type Tar/Gravel
Building
Lot Description Back Yard
Others
Tax ID 5342120127
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Bought with ELISABETH WATSON • ABIO PROPERTIES