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$1,100,000
Est. payment /mo
3,280 Sqft Lot
New
320 Maine Ave Richmond, CA 94804
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41098241
HOA Y/N No
Year Built 1960
Lot Size 3,280 Sqft
Property Sub-Type Quadruplex
Property Description
Don't miss this impressive 4-plex! It features three units, each with 3 bedrooms and 1 bathroom, along with one unit that has 1 bedroom and 1 bathroom. The property includes a rear patio, a carport, a security gate, and separate PG&E meters for each unit. It is conveniently located near HWY 580, schools, hospitals, and shopping centers. The units have been updated throughout, with a new roof installed 7 years ago. All kitchen fixtures have been renovated, including new granite countertops, stainless-steel appliances, and new LED lights and fans throughout. The floors and bathrooms have also been updated. Currently, three units are rented at market value, generating a monthly income of $8,200. The vacant unit, which has one bedroom and one bathroom, can be rented for between $1,700 and $1,900 at market price, bringing the total monthly income to $10,000. This is a fantastic opportunity for investors!
Location
State CA
County Contra Costa
Interior
Heating Wall Furnace
Flooring Tile, Vinyl, Wood
Fireplace No
Exterior
Parking Features Carport
Total Parking Spaces 4
Building
Lot Description Back Yard
Sewer Public Sewer
Others
Tax ID 5501610025
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange

Listed by Miguel Hinojosa • Margarita Mino Realty & Loans
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