$425,000
For Sale

1250 Fred Jackson Way

Richmond, CA 94801
748 sqft | 2 beds | 1 bath | 0.11 acres | #41085159
Listing OfficeCompass
Browse 20 photos
Type:Purchase
Structure:House
Zone:Residential

Description

This versatile property offers "3 income producing units" making it a fantastic opportunity for investors or owner-occupants looking to offset their mortgage with rental income at such an affordable price! The main home underwent a full remodel in 2009, featuring updated electrical, plumbing, insulation, and sheetrock. Additional an interior staircase, and a sump pump installation in 2015. The roof was replaced in 2021, and the exterior was refreshed with new paint just a few years ago. Strong rental income: 1-Downstairs unit (3 bed, 1 bath) – Tenant pays $3,000/month. 2-Rear ADU paying $2,000/month 3- Upstairs unit (2 bed, 1 bath) Owner-occupied market rent $1,500/month. Additional features include a carport built in 2013 and a spacious layout that provides flexibility for multi-generational living or maximizing rental potential. Whether you're an investor seeking steady cash flow or a homeowner looking for a property that pays for itself, this is an incredible opportunity you won’t want to miss! -Property is a single family home being used as 3 units-

  • Property Details
      • Property SubtypeSingleFamilyResidence
      • SubdivisionNORTH RICHMOND
      • CountyContra Costa
      • Sewer InformationPublicSewer
      • Lot DescriptionFrontYard
      • Property TypePurchase
      • Original List Price$425,000
      • MLS #41085159
      • MLS #41085159
      • Acres0.1148
      • Cost425000
      • Year Built1923
      • Square Feet748
      • Bedrooms2
      • Bathrooms1
      • Full Baths1
      • Parking Spaces3

Location

Dorothy PembertonReal Estate Group

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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