Comm Ri Multi-units 5+ For Sale
6,635 Sqft - 1005 FERRY ST, MARTINEZ, California 94553-1629
Property Description
Downtown Martinez location. 16 Units + 2 non-conforming units. (15) studios, (2) sleeping rooms and (1) Jr one bedroom. Excellent return of 10.20% on current income and expenses. This return takes into account a 5% mgmt fee and $4,000/yr for reserves! Beautiful Open-Courtyard. 8.37 CAP and 7.38 GRM.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40411653
Price : $1,000,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 6,635 Sqft
Year Built : 1920
Lot Area : 0.19 Sqft
Features
Heating System : Wall Furnace
Cooling System : Other, Ceiling Fan(s)
Roof : Other
Address Map
Country : US
State : CA
County : Contra Costa
City : MARTINEZ
Zipcode : 94553-1629
Street : FERRY ST
Street Number : 1005
Floor Number : 0
Longitude : W123° 51' 56.6''
Latitude : N38° 0' 59''
MLS Addon
Office Name : Marcus & Millichap Real Estate
Building Type : Lowrise (1-3 Flrs)
Area : Martinez
Address : 1005 FERRY ST
Cross Street : Greent Street
LA1User Code : 159513085
LA1Agent First Name : Brandon
LA1Agent Last Name : Geraldo
Status Category : Sold
Tot # Parking Spaces : 0
Tot # of Units : 18
List $/SqFt : $151
Age : 93
Apx Lot Sq Ft : 8,267 Sqft
Type of Building : Apt Complex
Annual Taxes : $16,832
Total Deposits : $0
ADDTL FEATURES MISC. : Garden, Other, Extra Storage
ALL UNITS HAVE : Other
EQUIPMENT ADDITIONAL : Other
EXTERIOR : Stucco, Other
FLOORING : Other, Carpet
LOT DESCRIPTION : Other
ON-SITE PARKING DESC : No Parking On Site
TENANT PAYS : Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Community Facility
Census Tract : 3170.00
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $8,000
2nd Loan Balance : $138,900
Tot Other Loans : $640
Financial Data Verif(Y/N) : 8.37
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 : $1,025,000
Sold Price : $1,000,000
Previous Price : $1,025,000
Sale $/SqFt : $0
