145 5th St | Richmond, CA 94801
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- LoopNet Team
145 5th St
Richmond, CA 94801
Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- (4) Large 2 Bed, 1 Bath units - Completely Renovated
- 20%+ Upside in Rents
- New owners can potentially implement RUBS upon turnover to minimize expenses
- High Day 1 Cash FLow & High Market Cash-on-Cash Return at 8.98%
- Each unit is Individually metered for PG&E, has an individual garage, an additional driveway space, spacious backyard, and water heater (4)
- Close to the Richmond BART Station, the Richmond Ferry, I-80 on- and off-ramps, and grocery outlets, retailers, and schools
PROPERTY FACTS
| No. Units | 4 | Building Size | 3,004 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 2.66/1,000 SF |
| Lot Size | 0.13 AC | ||
| Zoning | R3 - Residential | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 3,004 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 2.66/1,000 SF |
| Zoning | R3 - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- Oven
- Range
- Carpet
- Yard
- Double Pane Windows
- Vinyl Flooring
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | $1,664 | 750 |
PROPERTY TAXES
| Parcel Number | 538-310-008-7 | Improvements Assessment | $385,000 |
| Land Assessment | $400,000 | Total Assessment | $785,000 |
PROPERTY TAXES
Parcel Number
538-310-008-7
Land Assessment
$400,000
Improvements Assessment
$385,000
Total Assessment
$785,000
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