USACARichmondIron Triangle420 5Th St
420 5 Th St, Home with 0 bedrooms, 0 bathrooms and 4 parking in Richmond CA | Image 1
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$900,000

420 5 Th St, Richmond, CA

Real Estate

For Sale

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  • Key Facts
  • Description
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Key Facts

Type Triplex
Levels Residential Income
Size -
Garage No
Taxes 
Days Active 34
Lot Size 
Approx. Age 1910
MLS® Number 41101466

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This turnkey Triplex with Cash Flow in a convenient location will unlock immediate income as it is fully leased, generating $7, 650/month in rent—$91, 800 annually—and offering an impressive 7% cap rate at the current asking price. With low annual maintenance costs (approx. $3, 600), this well-maintained gated property is a rare opportunity to secure strong market rents from day one. The property features: - Two spacious 3BD/1BA units in a duplex—one partially remodeled - A charming, remodeled 1BD/1BA detached unit with a large bonus basement - In-unit laundry for all three residences - Secure, gated parking for approximately 4 vehicles - A sizable shared yard, ideal for tenants Conveniently located just 7 minutes from the Richmond Ferry Terminal, with fast access to San Francisco. Plus, minutes to Kaiser hospital. This property also qualifies for special loan programs thanks to its location in an eligible lending area. Whether you're expanding your portfolio or looking for a low-maintenance, income-producing property in a growing market, or even want to move in and offset the mortgage with rental income, 420 5th Street delivers on value, versatility, and long-term upside.Show Description
MLS® Number41101466
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1297
Exterior
GarageNo
Approx. Age1910
Basement
DrivewayOn Street
Garage Spaces
HeatWall Furnace
A/C
Heating Fuel

Extras

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