701 40th St, Richmond, CA 94805

$999,995
2,430
SqFt

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List Price
$999,995
Status
ACTIVE
MLS#
41135209
Year Built
1948
Property Type
Quadruplex
Living Area
2,430
Lot Size
5,000
Acres
0.11
County
Contra Costa
Subdivision
Central Richmond

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.

Additional Information

Appliances
Gas Water Heater
Exterior
Stucco
Flooring
Laminate, Tile, Carpet
Lot Description
Corner Lot
Parking Features
Garage, Off Street, Garage Faces Front
Roof
Composition
Water Sewer
Public

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Calculator source: Real Geeks

Listing courtesy of Doris De Leon from Mardel Realty & Loans Inc.. 510-289-5103

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