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Key Details
Sold Price $1,760,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40912214
Sold Date 11/13/20
HOA Y/N No
Year Built 1957
Annual Tax Amount $29,187
Lot Size 7,108 Sqft
Acres 0.1632
Property Description
Well-maintained six-unit apartment property minutes from the del Norte BART station. The property, built in 1957 comprises a unit mix of two - 1bd/1ba and four - 2bd/1ba units. Off-street parking for 7 cars, including garage, carport and uncovered spaces. The units are separately metered for gas & electricity, while heat is provided by gas wall furnaces. Many exterior capital improvements, including; dual-pane vinyl windows, new concrete stairs as well as second floor decking and railings have been completed. Two units will be delivered vacant for maximum buyer flexibility. Significant opportunity to add-value and increase NOI and cash flow. Proforma cap rate 5.74%.
Location
State CA
County Contra Costa
Interior
Heating Wall Furnace
Fireplace No
Appliance Dryer, Washer
Exterior
Total Parking Spaces 7
Others
Tax ID 502220014
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Bought with Kathy Wong • Bay Port Group Real Estate Inc
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