$795,000
For Sale

305 Ripley Ave

Richmond, CA 94801
Listing OfficeNAI Northern California
Browse 8 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

305 Ripley offers investors an excellent opportunity to acquire a well-maintained, turnkey investment property at an affordable price. This multi-unit building has been thoughtfully updated, with recent renovations including modernized kitchens, bathrooms, and electrical sub panels in all units. The roof was replaced in 2023, ensuring long-term durability, and the sewer lateral was replaced in 2020, providing peace of mind for future maintenance. Additionally, two vacant storage spaces are available to lease, historically generating $75 per month each. This property combines strong rental potential with recent upgrades, making it a solid addition to any investor's portfolio.

  • Property Details
      • Utility FeaturesSewerNotAvailable, WaterNotAvailable
      • Property TypeMulti-Family
      • CountyContra Costa
      • Property SubtypeQuadruplex
      • Lot DescriptionBackYard
      • Original List Price$795,000
      • MLS #41085128
      • MLS #41085128
      • Acres0.0872
      • Cost795000
      • Year Built1927

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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