522 16th Street

    Richmond, CA 94801
    • $799,999
    • STATUS: Active
    • ON SITE: 144 days
    • ID#: OC18175599
    UPDATED: 79 min ago
    $799,999
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,500
      SQFT
    • $229
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1984
    County:

    School Ratings & Info

    Description

    Five units with four one-car garages. Close to BART station. One studio, one 3-br with 1 1/2 bath and three 2-br with 1 bath plus laundry room with washer & dryer. Fully occupied for four years plus. Shown by appointment only with accepted offer. Rents are subject to Richmond rent controls. Owner financing with 30% down.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-16T21:26:51.247. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.impactca.com/homes/85912534

    522 16th Street Richmond, CA 94801

    • Price: $799,999
    • Status: Active
    • Updated: 79 min ago
    • ID#: OC18175599
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,500
    SQFT
    $229
    $/SQFT
    1984
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Contra Costa
    Area:
    699 - Not Defined
    Property Description
    Five units with four one-car garages. Close to BART station. One studio, one 3-br with 1 1/2 bath and three 2-br with 1 bath plus laundry room with washer & dryer. Fully occupied for four years plus. Shown by appointment only with accepted offer. Rents are subject to Richmond rent controls. Owner financing with 30% down.
    Exterior Features

    Garage Spaces 4.00 Lot Features Level With Street Lot Size Source Assessor Lot Size Units Square Feet Parking Features Driveway - AsphaltGarage - Single Door Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area 550 Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 700 Average2 Bed Area Units Square Feet Average3 Bed Area 850 Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling None Cooling YN No Heating Wall Heater Heating YN Yes Laundry Features Individual Room Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 5.08 Community Features Urban Country Us Electric Expense 2346.00 Elevation Units Feet Fuel Expense 0.00 Garage Income 0.00 Garage Rental Rate 0.00 Gross Income 63000.00 Gross Scheduled Income 63000.00 Insurance Expense 1260.00 Land Lease YN No Laundry Income 1035.00 Laundry YN Yes Net Operating Income 40652.00 New Construction YN No New Taxes Expense 12000.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 5 Number With Carpet 5 Number With Range 5 Number With Refrigerator 5 Operating Expense 22348.00 Present Loans 350000 Professional Management Expense 0.00 Property Sub Type Commercial/Residential Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All UtilitiesCable TvElectricityGasWater Total Actual Rent 63000.00 Total Expenses 22348.00 Trash Expense 4735.00 Vacancy Allowance 0 Vacancy Allowance Rate 0.00 Water Sewer Expense 2007.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Lawrence Erickson of Casa Blanca Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-16T21:26:51.247. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Impact Real Estate
    28693 Old Town Front St #300-C
    Temecula CA, 92590