Richmond, CA 94801,305 Ripley Ave
Richmond, CA 94801,305 Ripley Ave
Richmond, CA 94801,305 Ripley Ave
5
$720,000
$725,000
0.7%
Est.Price: ?

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3,920 Sqft Lot

305 Ripley Ave Richmond, CA 94801

Est. payment /mo
SOLD DATE : 03/11/2019

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Key Details

Sold Price $720,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 40847782

Sold Date 03/11/19

HOA Y/N No

Year Built 1927

Lot Size 3,920 Sqft

Property Description

This convenient investment property is located in a quiet, evolving Richmond neighborhood that is seven minutes drive from the Richmond BART station, and six minutes to the new direct ferry service to San Francisco! This property has four one-bedroom apartments (three units were updated 2014). There is one unleased unit -- this unit updated in late 2018. Three units that are currently leased, have a total current income of approximately $4353.00 (three units). The unleased unit's approximate market value is $1750 to $1900 - for a total of $6100/$6250 + per month income. Common area includes a large shared backyard, two one-car driveways and two half garages. The neighborhood is quiet, and the property is 1031-exchange eligible. Consider making this your home, or income property!

Location

State CA

County Contra Costa

Interior

Heating Baseboard

Cooling See Remarks

Fireplace No

Exterior

Parking Features Garage, Other

Roof Type Tar/Gravel

Building

Lot Description Back Yard

Others

Tax ID 5342120127

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California Regional MLS (CRMLS)
Listed by Perry Gastis • BHG RE RELIANCE PARTNERS
Bought with ELISABETH WATSON • ABIO PROPERTIES

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Michelle Pritchard

Agent | License ID: 01491286

+1(619) 723-1152

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