All tenants are on month-to-month leases at below-market rents, allowing significant rental upside upon turnover. Two 3 bed,1 bath units with hardwood floors throughout and updated kitchens. Garage conversion is 1 bed, 1 bath. Gross rents $48,000/year.** 6% CAP rate. Tenants pay water and PG&E. Home and pest inspections available. Property is located in unincorporated Contra Costa County, which does NOT fall under City of Richmond rent control laws***. **Neither seller nor listing agent has verified the accuracy of any of these sources of information. ***Buyer to independently verify with County/State regarding rent control and just-cause eviction laws, which may apply.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
