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Just Listed: Investment 6BD/3BA Triplex!Effective Cap Rate at 5.07% with aMarket Cap of 7.22%
Just Listed: Investment 6BD/3BA Triplex! Effective Cap Rate at 5.07% with a Market Cap of 7.22%
939 S 45th St, Richmond, CA 94804
$950,000
Three units all similar size and layout. All are occupied on month-to-month leases.
Each 2/1 unit is approximately 696 sqft.
One ground-level 2BD/1BA with no stairs, and two 2BD/1BA units up in back - with stair access, but also single level.
Each unit layout is nearly identical with nice kitchen (gas cooktop), 2 spacious bedrooms, and nice-size living and dining areas.
Each unit has 2 off-street parking spaces.
Great for Owner-Occupied move-in or Investment Property. 24% upside to market rents.
Effective Cap Rate at 5.07% with a Market Cap of 7.22%
MLS 40985815
Investment potential! Triplex located on a quiet street with easy access to 580 and 80.
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Brokered byCaldecott Properties
Listing courtesy of Caldecott Properties