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  5. 203 Bissell Ave
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Full details for 16 Bedroom Quadruplex For Sale in Richmond, California

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Description

Absolutely astonishing Rare cash flow opportunity here; with $13,288 in Monthly Rental Income. This Fourplex is rented out per bedroom with 4 Bedrooms in each of the units four units, totaling 16 bedrooms. Separately rented as follows: $855, $694, $694, $880, $990, $908, $900, $1100, $750, $900, $565, $565, $900, $900, $886, $801 = $13,288. 4 Rooms in each unit share 1 Kitchen/Dining Area. Currently at a {7.72% Cap Rate with the potential to reach 8.65%}. Very well Maintained. Access to BART and freeways makes this a popular rental location. BART is at walking distance. Financials are in Disclosures upon request, contact listing agent for more details/questions. This does qualify for FHA and you would get to use 75% of the incoming rents for your income on the property to purchase. Back to listing
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