5205 Colusa Ave, Richmond, CA 94806

$1,250,000
List Price
$1,250,000
Status
ACTIVE
Year Built
1966
MLS#
40922855
Lot Size
5,875
Type
Multifamily
Zip
94806
city
Richmond

Property Description

GREAT INVESTMENT with potential for additional rental upside as units turn over. 4-Plex in Richmond Annex. Close to Bart, transportation, and all conveniences. Easy to get to the freeways (80 & 580). Near Trader Joe's, Bed Bath & Beyond, Costco, Peets, Chipotle, nail salons, and more. Kitchens have granite countertops, granite tiled floors, and double pane windows. Close to El Cerrito schools. 1-2 units can be delivered vacant.

Additional Information

Annual Taxes
12000
Annual Utility Expense
10000
Annual Total Oper Exp
39000
Lotdescription
Level
Flooring
Laminate, Stone (Marble, Slate, etc.), Tile
Heating
Central
Cooling
No Air Conditioning
Basement
None
Exterior
Stucco
Yarddescription
Back Yard, Front Yard
Roof
Other
Parkingdescription
Carport - 1
Parking Spaces
4
Water Sewer
Sewer System - Public, Water - Public
Total Deposits
5895
Building Type
FOURPLEX
Annual Gross Sched Income
97368
Addtlmiscfeatures
None
Annual Maintance Exp
1000
Possession
COE
Annual Rental Inc
97368
Acres
0.2
Terms
Cash, Conventional
Tenantpays
Cable TV, Electric, Gas
Annual Insurance Expense
1500
Net Operating Income
$80,000
Annual Expense Year
500
Gross Oper Income Act
5800

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of DALJIT KAUR from 1ST CHOICE MORTGAGE REAL ESTATE

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