701 40Th St, Richmond, CA 94805
- $999,995
- List Price
- $999,995
- Status
- ACTIVE
- MLS#
- 41135209
- Year Built
- 1948
- Lot Size
- 5,000
- Acres
- 0.11
- Lot Location
- Corner Lot
- Days on Market
- 70
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Neighborhood
- 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.
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Additional Information
- Appliances
- Gas Water Heater
- Heat
- Wall Furnace
- Exterior Construction
- Stucco
- Attached Structure
- Detached
- Number Of Units Total
- 4
Listing courtesy of Listing Agent: Doris De Leon (doris@mardelrealty.com) from Listing Office: Mardel Realty & Loans Inc..
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.