Richmond, CA 94801,301 Ripley Ave
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Richmond, CA 94801,301 Ripley Ave
Richmond, CA 94801,301 Ripley Ave
Richmond, CA 94801,301 Ripley Ave
Richmond, CA 94801,301 Ripley Ave

$630,000

Est. payment /mo

$499,000

26.3%
Est.Price: ?

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301 Ripley Ave Richmond, CA 94801

3,920 Sqft Lot

SOLD DATE : 01/30/2019

Key Details

Sold Price $630,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 40847779

Sold Date 01/30/19

HOA Y/N No

Year Built 1927

Lot Size 3,920 Sqft

Property Description

This convenient investment property is located in a quiet, evolving Richmond neighborhood that will soon gain direct ferry service to San Francisco! This property has seven one-bedroom apartments – two of them vacant and recently updated, three leased at market value and three leased below market value – and one studio apartment for a total of eight dwellings. These properties sit on a corner lot with four parking spaces and four half garages. There is a common coin-operated laundry area with washer and dryer hookups, as well as a large shared back yard. Although sellers prefer to sell both fourplexes together, they will consider selling separately. The neighborhood is quiet, and the property is 1031 exchange eligible. Consider making this your income property! Cap Rate calculation pictured in photo roll based on an approximation of value and current income. ANY OFFERS DUE MONDAY 12/17 by 2pm.

Location

State CA

County Contra Costa

Interior

Heating Electric, Natural Gas

Flooring Concrete, Laminate, Tile, Wood

Fireplace No

Exterior

Garage Garage, On Street

Roof Type Tar/Gravel

Parking Type Garage, On Street

Building

Lot Description Back Yard, Front Yard

Sewer Public Sewer

Others

Tax ID 5342120135

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

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California Regional MLS (CRMLS)
Listed by Perry Gastis • BHG RE RELIANCE PARTNERS
Bought with Bret Taylor • eXp Realty of California Inc.

John Hickey

Agent | License ID: 00985364

+1(818) 434-6696

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