High cash flow opportunity; current cap rate at 8.56% and potential to have a monthly gross income of $11,112. (Could work with a DSCR loan or house hacking. This Fourplex will be delivered with 2 VACANT UNITS . 4 Rooms in each unit with either 1 or 2 bathrooms depending on the unit, unit one is being rented per bedroom for a higher cashflow and can be done with the other 2 vacant units or they can be rented to a single family tenant, Choice is yours. Well Maintained. Access to BART and freeways makes this a popular rental location. BART is at nearby. Financials are in Disclosures upon request, contact listing agent for more details/questions.
Property Details
Price:
$1,249,000
MLS #:
41067658
Status:
Active
Baths:
0
Address:
203 Bissell Ave
Type:
Residential Income
Subtype:
Quadruplex
City:
Richmond
Listed Date:
Jul 25, 2024
State:
CA
ZIP:
94801
Lot Size:
3,656 sqft / 0.08 acres (approx)
Year Built:
1908
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Schools
Interior
Flooring
Laminate, Tile
Heating
Wall Furnace
Exterior
Lot Features
Corner Lot
Parking Spots
2.00
Roof
Shingle
Sewer
Public Sewer
Financial
Association Fee
0.00
Map
Community
- Address203 Bissell Ave Richmond CA
- CityRichmond
- CountyContra Costa
- Zip Code94801
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203 Bissell Ave
Richmond, CA
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