$925,000
$900,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
127 Cottage Ave Richmond, CA 94801
4,438 Sqft Lot
Key Details
Sold Price $925,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Point Richmond
MLS Listing ID 41065871
Sold Date 08/30/24
HOA Y/N No
Year Built 1920
Lot Size 4,438 Sqft
Property Description
For investors seeking a charming multi-unit property with stunning views, strong cash flow ($7,160/month), and even stronger future earning potential, 127 Cottage Avenue is a can’t-miss opportunity. Located in Richmond’s beautiful and historic Point Richmond neighborhood, this sizable fourplex (2,695 sq. ft.) is divided into 1 - Studio, 1 - 1BR/BA, and 2 - 2BR/1BA. The property includes its own laundry facilities and an expansive backyard that’s teeming with ADU potential. Positioned above the street for added privacy and security, tenants enjoy sweeping views of Point Richmond’s quaint rooftops, picturesque parks, and historic buildings. More importantly, tenants can get to historic downtown and its various amenities (including popular Kaleidoscope Coffee and Masa Mexican restaurant), in less than 60 seconds. Beautiful Keller Beach and glistening Miller/Knox lagoon are both less than one mile away, making it easy for occupants to enjoy Point Richmond’s many sun-soaked days.
Location
State CA
County Contra Costa
Zoning RL2
Interior
Heating Wall Furnace
Flooring Carpet, Tile, Vinyl
Fireplace No
Appliance Gas Water Heater, Dryer, Washer
Exterior
Parking Features None
Building
Lot Description Back Yard
Sewer Public Sewer
Others
Tax ID 5581510087
Financing Conventional
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Bought with OUT OF AREA OUT • OUT OF AREA - NON MEMBER