$400,000
This Triplex with Cash Flow in a convenient location will unlock immediate income as it is fully leased at the top of the market, generating $7,650/month in rent—$91,800 annually—offering an amazing ROI, with low annual maintenance costs (approx. $3,600 w/o property taxes), this secure gated property is a rare opportunity to secure strong market rents from the start! Property is being sold through a bidding process so visit https://bit.ly/4apKXKH to learn more. Note: Tenants pay their own utilities, water and garbage! Property features: - Two spacious 3BD/1BA units in the duplex w/updates - A charming, updated 1BD/1BA, detached unit with a large basement for owner storage - In-unit laundry for the duplex units - Secure, gated parking for 6 vehicles - A sizable, secured, yard area, for tenant or owner use Conveniently located just minutes from the Richmond Ferry Terminal, with fast access to San Francisco. Plus, minutes to Kaiser hospital. This property may also qualify for special loan programs. Whether you're expanding your portfolio with this low expense, income-producing property in a growing market, or even want to move in and offset the mortgage with rental income, 420 5th Street delivers with long-term upside either way. Open Sun March 22nd, 3-5pm
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Listed by Mark DuBois with Keller Williams Rlty East Bay (925) 934-2900
Property Type
Triplex
Status
Active
MLS Number
41121644
Year Built
1910
Lot Size
5,650 sq ft