Richmond, CA 94801,420 5Th St
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Richmond, CA 94801,420 5Th St
Richmond, CA 94801,420 5Th St
Richmond, CA 94801,420 5Th St
Richmond, CA 94801,420 5Th St
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Listed by Mark DuBois • Keller Williams Rlty East Bay
$ 900,000
Est. payment /mo
Active

420 5Th St Richmond, CA 94801

2,468 SqFt


UPDATED:

Key Details

Property Type Multi-Family, Triplex

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,468 sqft

Price per Sqft $364

Subdivision Iron Triangle

MLS Listing ID 41101466

HOA Y/N No

Year Built 1910

Lot Size 5,650 Sqft

Property Sub-Type Triplex

Source Bridge AOR

Property Description

This turnkey Triplex with Cash Flow in a convenient location will unlock immediate income as it is fully leased, generating $7,650/month in rent—$91,800 annually—and offering an impressive 7% cap rate at the current asking price. With low annual maintenance costs (approx. $3,600), this well-maintained gated property is a rare opportunity to secure strong market rents from day one. The property features: - Two spacious 3BD/1BA units in a duplex—one partially remodeled - A charming, remodeled 1BD/1BA detached unit with a large bonus basement - In-unit laundry for all three residences - Secure, gated parking for approximately 4 vehicles - A sizable shared yard, ideal for tenants Conveniently located just 7 minutes from the Richmond Ferry Terminal, with fast access to San Francisco. Plus, minutes to Kaiser hospital. This property also qualifies for special loan programs thanks to its location in an eligible lending area. Whether you're expanding your portfolio or looking for a low-maintenance, income-producing property in a growing market, or even want to move in and offset the mortgage with rental income, 420 5th Street delivers on value, versatility, and long-term upside.

Location

State CA

County Contra Costa

Interior

Heating Wall Furnace

Cooling Ceiling Fan(s)

Flooring Laminate, Tile, Vinyl

Fireplace No

Laundry In Unit

Building

Lot Description Rectangular Lot


Bay East AOR and Contra Costa AOR
agent

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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