Additional details
Listed by Laura Tang • Formality Real Estate
$980,000
Est. payment /mo
9 Beds
5 Baths
3,298 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,298 sqft
Price per Sqft $297
MLS Listing ID MR41094851
Bedrooms 9
Originating Board Bridge MLS
Year Built 1966
Lot Size 5,000 Sqft
Property Sub-Type Fourplex
Property Description
**Prime Investment Opportunity - 4-Unit Multifamily Property in Richmond! ** Discover an incredible investment opportunity at 2525 Maricopa Ave, Richmond, CA 94804 - a well-maintained fourplex offering incredible income potential in a high-demand rental market! Whether you're an investor seeking strong cash flow or a homeowner looking to live in one unit while renting out the others, this property is a rare find. Each unit features a spacious layout, natural light, and updated kitchens and baths. The three 2-bed units sit upstairs, while the 3-bed unit on the ground floor enjoys a private backyard. The property also offers gated parking, low-maintenance exteriors, and a secure, welcoming feel. * Prime Location:* Situated in a thriving Richmond neighborhood, this property provides easy access to shopping, dining, parks, schools, and major freeways, making commuting a breeze for tenants. * Excellent Income Potential:* With consistent rental demand, this fourplex presents a strong return on investment, boasting a 7% cap rate and opportunities for rent growth. * Endless Possibilities:*Live in one unit and rent the others, or simply enjoy a steady passive income stream from all four units. Don't miss this rare opportunity-schedule your private showing today!
Location
State CA
County Contra Costa
Area Richmond - North & East
Interior
Heating Gas
Cooling Other, Window / Wall Unit, Ceiling Fan
Flooring Laminate
Exterior
Exterior Feature Stucco
Parking Features Guest / Visitor Parking
Garage Spaces 4.0
Roof Type Tar and Gravel
Building
Lot Description Grade - Level
Sewer Sewer - Public
Water Public
Others
Tax ID 527-141-002-8
Special Listing Condition New, Not Applicable
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