4 Unit Building - For Sale

3,567 Sqft - 2607 Ohio Ave Avenue, Richmond, California 94804

Property Description

2607 Ohio Ave is great income producing multi family property in Richmond. The fourplex is located in the Pullman District of Richmond. It is close to many amazing amenities in Richmond including BART, shops, schools, and regional parks/trails. It also provides easy access to Highways 80 & 580. Additionally, it is very close to the New Richmond-San Francisco Ferry Terminal.

Unit Mix

Three – 2 beds / 1 bath

One – 3 beds / 2 baths

Current Monthly Rent

$910.54 — Three – 2 beds / 1 bath

$1,225.40 — One – 3 beds / 2 baths

$3,957.02 / Current Monthly Rent

Pro Forma Monthly Rent

$1,750.00 — Three – 2 beds / 1 bath

$2,150.00 — One – 3 beds / 2 baths

$7,400 / Pro Forma Monthly Rent

Beds 9

Baths 5

Sq Ft 3,567

Lot size 5,050

Built 1965

Current Rent $47,484 / year

Pro Forma Rent $88,800 / year

Expenses $17,956 / year

Current CAP Rate 4.02%

Pro Forma CAP Rate 9.75%

MLS TBD

Basic Details
Date : 05.01.2019
Property Type : Apartment
Listing Type : For Sale
Listing ID : 1027
Price : $699,000
Bedrooms : 5
Bathrooms : 3
Half Bathrooms : 0
Square Footage : 3,567 Sqft
Year Built : 1965
Lot Area : 5,050 Sqft
Address Map
Country : US
State : CA
County : Contra Costa
City : Richmond
Zipcode : 94804
Street : Ohio Ave
Street Number : 2607
Street Suffix : Avenue
Postal Code : 94804
Floor Number : 0
Longitude : W123° 39' 20''
Latitude : N37° 55' 51.9''
Apartment For Sale
  • Listing ID : 1027
  • Bedrooms : 5
  • Bathrooms : 3
  • Square Footage : 3,567 Sqft
  • Visits : 99 in 83 days
$699,000
Agent info
Selborne Properties
510 49th St Ste 217 Oakland, CA 94609
Contact Agent