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$ 1,210,000
Est. payment /mo
Price Dropped by $40K
40 Foster St Martinez, CA 94553
5,553 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Down Town
MLS Listing ID 41128459
HOA Y/N No
Year Built 1964
Lot Size 5,553 Sqft
Property Sub-Type Quadruplex
Property Description
40 FOSTER ST. IS AN EXCELLENT VALUE ADD FOURPLEX OPPORTUNITY NEAR DOWNTOWN MARTINEZ. THE PROPERTY HAS AMAZING VIEWS OF BOTH THE BAY AND THE MARTINEZ VALLEY. CONSISTING OF FOUR TWO-BEDROOM, ONE-BATH APARTMENTS AT ABOUT 828 SF EACH WITH ONSITE COIN-OPERATED LAUNDRY, CARPORT PARKING, NEW WINDOWS & ROOF. NO LOCAL RENT CONTROL CREATES AN EASY REPOSITIONING OPPORTUNITY WITH A FEW INTERIOR UPDATES AND SOME RENT INCREASES ALLOWING FOR A FULL MARKET RENT STABILIZED INVESTMENT QUICKLY AND EVEN SOONER WITH SOME NATURAL TURNOVER. ADDITIONAL UPSIDE IN ANCILLARY INCOME AS WELL WITH OWNED LAUNDRY EQUIPMENT. FANTASTIC VIEW OF CARQUINEZ BAY ON ONE SIDE, AND DOWNTOWN ON THE OTHER. ONE BLOCK FROM RANKIN SWIN CENTER AND PARK. Views: Carquinez
Location
State CA
County Contra Costa
Interior
Heating Wall Furnace
Cooling See Remarks
Flooring Carpet, Laminate, Vinyl
Fireplace No
Exterior
Parking Features Carport
View Y/N Yes
View Hills, Panoramic
Roof Type Composition
Total Parking Spaces 8
Others
Tax ID 3720510159
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Theodore Booras United Apartment Group #01147469
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