Built in 2002, this fourplex has had only two owners. Each unit includes a large, private garage, one bedroom and bathroom, full kitchen and exterior deck or patio. Owner-occupy opportunity or an increase of overall rental income with a new tenant. Property has separate gas and electric meters. Owner pays water, sewage and trash. Given age and current care of property, maintenance costs and management needs are low. All rents are current and mirror market value. This is an excellent opportunity for a first-time buyer as well as an investment shift from an unpredictable stock market. Current cash flow is at a 6.7% CAP rate.
Off market
Zestimate®
$823,000
334 Chesley Ave, Richmond, CA 94801
--beds
0baths
--sqft
MultiFamily
Built in 2002
-- sqft lot
$823,000 Zestimate®
$--/sqft
$2,791 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 2,500 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 2002
Community & neighborhood
Location
- Region: Richmond
Other
Other facts
- Class: RESIDENTIAL INCOME
- Source: Public Records
- Building Type: FOURPLEX
- City: RICHMOND
- List Date: 2020-10-09
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Estimated market value
$823,000