Listing Courtesy of: bridgeMLS / Pleasanton Office / Joe Kalajian
$780,000
4
BED
4
BATH
3,786
SQFT
  610 G St Antioch, CA 94509
Active (13 Days)

Comments

Investors Alert A fourplex w/storage space in the basement, full, secure parking lot. Every unit is rented & collects $1,300 each. Units are 946 sq ft, all 1 bedroom & 1 bath (with shower/tub), living room area, full kitchen w/refrigerator & a free-standing electric stove/oven. Units could be converted to 2 BRs. Each unit has a portable AC unit, wall heater (one unit has a floor heater). Rent has not been increased for 2 years. Owner leases 3 units to a charity to help low-income individuals, meanwhile guaranteeing the rental income (rent is paid even when units are vacant). Charity finds the tenants & turns over the units for transition. 3 of the units were recently updated with paint, carpets, bathroom fixtures & kitchen appliances and charity is responsible to return them to this condition. The 4th unit has not been updated but has a long-time Sec. 8 tenant (7+ years). Close to downtown and the Delta. Great opportunity at almost a 7% cap rate at asking price of $780,000.

MLS #
40925719
Lot Size
5,000 SQFT
Type
Multifamily
Year Built
1925
County
Contra Costa County
Bathroom Details
Lot Information
  • Other
Heating and Cooling
  • Wall Furnace
  • Window/Wall Unit(s)
Flooring
  • Linoleum
  • Laminate
  • Carpet
Exterior Features
  • Stucco
  • Roof: Other
Utility Information
  • Sewer: Water - Public, Sewer System - Public
Location
   
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Estimated Monthly Mortgage Payment

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Listing price
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