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701 40Th St Richmond, CA 94805
5,000 Sqft Lot
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Central Richmond
MLS Listing ID 41135209
HOA Y/N No
Year Built 1948
Lot Size 5,000 Sqft
Property Sub-Type Quadruplex
Property Description
Exceptional Multifamily Investment Opportunity – Fully Occupied 4-Plex Near I-80 & BART Discover a rare opportunity to own a fully occupied fourplex in a highly desirable commuter-friendly location with strong rental demand and excellent long-term investment potential. New roof, new exterior paint and new windows. This income-producing multifamily property features four spacious 1-bedroom, 1-bathroom units, making it an ideal addition to any real estate investment portfolio. Conveniently located near Interstate 80, BART, public transportation, schools, shopping centers, restaurants, and downtown amenities, this property attracts quality tenants seeking convenience, accessibility, and comfortable living. Each unit offers functional layouts with updated kitchens, refrigerators, laundry hookups, and ample living space designed for everyday comfort. Tenants also enjoy the convenience of private garage parking plus additional onsite parking, a highly sought-after feature that increases rental appeal and tenant retention. The property has been well maintained, and all units are currently occupied by reliable tenants with a strong history of on-time rent payments, providing immediate and stable cash flow for investors from day one.
Location
State CA
County Contra Costa
Interior
Heating Wall Furnace
Flooring Carpet, Laminate, Tile
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features Garage, On Street
Total Parking Spaces 4
Building
Lot Description Corner Lot
Others
Tax ID 5180200122
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Doris De Leon Mardel Realty & Loans Inc. #01294590