Property Detail

Description

This well maintained Triplex with Cash Flow in a convenient location will unlock immediate income as it is fully leased at the top of the market, generating $7,650/month in rent—$91,800 annually—offering an amazing ROI, with low annual maintenance costs (approx. $3,600 w/o property taxes), this secure gated property is a rare opportunity to secure strong market rents from day one. Property is being sold through a bidding process so visit https://bit.ly/4apKXKH to learn more. By the way, tenants pay utilities, including water! The property features: - Two spacious 3BD/1BA units in a duplex with updates - A charming, updated 1BD/1BA, detached unit with a large bonus basement - In-unit laundry for all three residences - Secure, gated parking for approximately 6 vehicles - A sizable, secured, yard area, for tenant or owner use Conveniently located just 7 minutes from the Richmond Ferry Terminal, with fast access to San Francisco. Plus, minutes to Kaiser hospital. This property may also qualify for special loan programs. 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.