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Listed by Laura Tang • Formality Real Estate
$980,000
Est. payment /mo
3,298 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,298 sqft
Price per Sqft $297
MLS Listing ID 41094851
HOA Y/N No
Originating Board Bridge AOR
Year Built 1966
Lot Size 5,000 Sqft
Property Sub-Type Quadruplex
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
Interior
Heating Natural Gas
Cooling Ceiling Fan(s), Wall/Window Unit(s), Other
Flooring Laminate
Fireplace No
Building
Lot Description Level
Water Public
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Altie Schmitt
Partner at Village Associates | License ID: 00924672
Partner at Village Associates License ID: 00924672
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