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Key Details
Sold Price $1,345,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 01-41076524
Year Built 1951
Lot Size 10,000 Sqft
Property Description
Rare Investment Opportunity in Downtown Martinez! Live in the house and rent the other 5 units out! This multi-family property offers a strong blend of units comprised of a detached single-family home (3 bed/1 bath) and a five-unit apartment building featuring four 1 bed/1 bath apartments and one studio apartment with a projected CAP rate of 7.50%. All apartments are individually metered for utilities. Easily managed property with low maintenance and great cash-flow. Property includes four garages and ample parking. Situated on a generous 10,000 sqft. lot zoned R12, with exciting potential for ADUs or redevelopment. Prime Location in the heart of downtown with easy access to local amenities, cafe's, restaurants, shops, transportation and the Martinez waterfront. Easy access to HWY 4/24/680, train station and BART. You will not want to miss this opportunity!
Location
State CA
County Contra Costa
Interior
Heating Space Heater, Wall Furnace
Cooling Wall/Window Unit(s)
Exterior
Parking Features Gated
Building
Lot Description Level with Street
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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