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Better Homes Realty
OAKLAND, CA 94605
510-562-8600
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Listing 12 out of 169
$1,125,000 Pending Show For Backups

412 Bissell Ave.
Richmond, CA 94801

7 units | Multi Family Home
5663 sq ft lot - MLS# 40850612
Property Photo
1/16

Description

Excellent 7 Unit building with a 7.55% Cap Rate! $110,940 Gross annual Income. 5 of the 7 Units are available for a 3% rent increase. Updated units, long-term tenants, newer pipes, electrical, dual pane windows, carpet, laminate flooring, granite countertops, tile, roof, & wall furnaces. 70 Walkscore, close to shopping and public transportation.

Features

  • Property Type: Multi Family Home
  • Sub Type: Apt Complex
  • Listing Status: Pending Show For Backups
  • County/Area: Contra Costa County
  • Zip Code: 94801
  • Year Built: 1923
  • Age: 96
  • Sq.Ft.: 6,940 sq ft
  • Units: 7 units
  • Basement: Finished, Other
  • Lot Size: 5663 sq ft lot
  • Addtl Features Misc.: Wired For Cable TV, Lawn Sprinkler, Play Area
  • All Units Have: Dishwasher, Disposal, Updated Baths, Updated Kitchen
  • Annual Gross Sched Inc: 110940
  • Annual Maint Exp: 1605
  • Annual Rent Inc: 110940
  • Annual Taxes: 11940
  • Annual Util Exp: 10898
  • Apx Lot Sq Ft: 5625
  • Cap Rate: 7.55%
  • Equipment Additional: Fire Sprinklers, Water Heater Gas
  • Exterior: Dual Pane Windows, Stucco, Wood Siding
  • Flooring: Laminate, Tile, Vinyl, Carpet
  • Gross Income: $110,940
  • Gross Oper Actual Inc: 110940
  • Heating: Wall Furnace
  • Laundry: Inside Unit
  • Lot Description: Level, Regular
  • Net Oper Income: $84,897
  • On-Site Parking Desc: Off Site Parking
  • Operating Expenses: Electric, Gas, Trash Removal, Water
  • Roof: Rolled Composition
  • Separate Meters: Electric, Gas
  • Some Units Have: Updated Baths, Updated Kitchen
  • Tenant Pays: Cable TV, Electric, Gas
  • Tot Ann Oper Exp: 26043
  • Unit # 1 # Of Bathrooms: 1
  • Unit # 1 # Of Bedrooms: 3
  • Unit # 2 # Of Bathrooms: 1
  • Unit # 2 # Of Bedrooms: 3
  • Unit # 3 # Of Bathrooms: 1
  • Unit # 3 # Of Bedrooms: 3
  • Unit # 4 # Of Bathrooms: 1
  • Unit # 4 # Of Bedrooms: 3
  • Unit # 5 # Of Bathrooms: 1
  • Unit # 5 # Of Bedrooms: 3
  • Unit 1 # Units This Type?: 408
  • Unit 2 # Units This Type?: 410
  • Unit 3 # Units This Type?: 412
  • Unit 4 # Units This Type?: 414
  • Water/Sewer: Sewer System - Public, Water - Public
Courtesy of Compass, Josh Zielinski


 Better Homes Realty | 510-562-8600 | Contact Us
5942 MacArthur Blvd. - OAKLAND, CA 94605
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