Comm Ri Multi-units 5+ For Sale
6,940 Sqft - 412 Bissell Ave., RICHMOND, California 94801
Property Description
Excellent 7 Unit building with a 7.55% Cap Rate! $110,940 Gross annual Income. 5 of the 7 Units are available for a 3% rent increase. Updated units, long-term tenants, newer pipes, electrical, dual pane windows, carpet, laminate flooring, granite countertops, tile, roof, & wall furnaces. 70 Walkscore, close to shopping and public transportation.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40850612
Price : $1,125,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 6,940 Sqft
Year Built : 1923
Lot Area : 0.13 Sqft
Features
Heating System : Wall Furnace
Basement : Other, Finished
Roof : Rolled Composition
Address Map
Country : US
State : CA
County : Contra Costa
City : RICHMOND
Zipcode : 94801
Street : Bissell Ave.
Street Number : 412
Floor Number : 0
Longitude : W123° 38' 4.9''
Latitude : N37° 56' 1.8''
MLS Addon
Office Name : Compass
Building Type : Apt Complex
Area : Richmond - North & West/Parchest
Address : 412 Bissell Ave.
Cross Street : 5th St.
Directions to Property : Ohio to 6th to Bissell
LA1User Code : 206526133
LA1Agent First Name : Josh
LA1Agent Last Name : Zielinski
Status Category : Sold
Tot # Parking Spaces : 0
Tot # of Units : 7
List $/SqFt : $162
Age : 96
Apx Lot Sq Ft : 5,625 Sqft
Type of Building : Apt Complex
Annual Taxes : $11,940
Total Deposits : $0
ADDTL FEATURES MISC. : Wired For Cable Tv, Play Area, Lawn Sprinkler
ALL UNITS HAVE : Dishwasher, Disposal, Updated Baths, Updated Kitchen
EQUIPMENT ADDITIONAL : Fire Sprinklers, Water Heater Gas
EXTERIOR : Stucco, Dual Pane Windows, Wood Siding
FLOORING : Vinyl, Carpet, Tile, Laminate
LOT DESCRIPTION : Level, Regular
ON-SITE PARKING DESC : Off Site Parking
OPERATING EXPENSES : Electric, Gas, Trash Removal, Water
SEPARATE METERS : Electric, Gas
SOME UNITS HAVE : Updated Baths, Updated Kitchen
TENANT PAYS : Cable Tv, Electric, Gas
UNITS-OTHER : Other
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Inside Unit
Census Tract : 3770.00
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Arm
Other Loans (Y/N) : No
1st Loan Balance : $1,605
2nd Loan Balance : $110,940
Tot Other Loans : $0
Financial Data Verif(Y/N) : 7.55%
FINANCIAL DATA SOURCE : Owner
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $1,125,000
Sold Price : $1,065,000
Previous Price : $1,125,000
Sale $/SqFt : $0
