Welcome to this incredible fourplex in Richmond, California! Situated in a vibrant and convenient neighborhood, this is the perfect opportunity for an investor looking to add to their portfolio. With all 4 units currently tenant-occupied and actively paying rent, you can rest assured that your investment will bring a steady income stream of around $4,000 every month.
Each unit offers something unique: three are 2 bed, 1 bath while one is 1 bed, 1 bath providing plenty of options for potential tenants. The roof has been replaced within the last 10 years, three dual pane windows were replaced within the last 5 years, and there is no air conditioning throughout. A great potential flip!
Take advantage of this amazing opportunity today!
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Condition According to Seller:
Two units upstairs & two units downstairs.
Three of the units are 2 bed, 1 bath & one is 1 bed, 1 bath.
ROOF: 10 years old
AC: no air conditioning
WINDOWS: dual pane three of them replaced within the last five years.
-Buyer to close escrow on or before March 31, 2023.
-Property to be sold in “as-is” condition.
-Property is tenant occupied and to be delivered with tenants in place.
-Cash or Hard money purchase only. If using hard money MUST specify. No additional walk-throughs will be provided for hard money lenders.
-Buyer to pay all closing costs (both buyer and seller).
-All offers require a $15,000 non-refundable earnest money deposit due within 24 hours upon acceptance.
-Agents, if you are representing a buyer please add your fee/commission on top of the purchase price.
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