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    10 Baldwin Avenue

    Crockett, CA 94525
    • $819,000
    • STATUS: Active
    • ON SITE: 36 days
    • ID#: 22022467
    Price Reduced
    $819,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,452
      SQFT
    • $334
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:
    Area:

    School Ratings & Info

    Description

    Triplex (3 units) with great cash flow at a 6.67% acquisition cap rate. All tenants are month to month with room to raise below market rents, one tenant will be moving out - a great opportunity for someone who would like to live there and take advantage of the current low interest rates. A great investment, ideal for a savvy investor, first time home buyer or anyone looking for cash flow! Forget about the fixer-upper'' or REO property'' because with a new roof, new sewer lateral and well maintained interiors and partial water views this place already has it all. Turnkey, these units won't cause you any undue stress in the near future (and the seller's 1-year home warranty will prove it)! Seller has enjoyed many years of healthy cash flow from this property and this is your chance to acquire the same income for yourself. If you're looking for an amazing deal, this is the opportunity you've been waiting for! Significant upside no matter what your long-term goals are.

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    © 2020 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty World - The Lucas Group. Data last updated: 2020-10-24T23:55:47.18.
    www.lucasgphomes.com/homes/110169213
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    10 Baldwin Avenue Crockett, CA 94525

    • Price: $819,000
    • Status: Active
    • ID#: 22022467
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2,452
    SQFT
    $334
    $/SQFT
    1924
    Built
    Neighborhood:
    Contra Costa
    County:
    Contra Costa
    Area:
    Contra Costa
    Property Description
    Triplex (3 units) with great cash flow at a 6.67% acquisition cap rate. All tenants are month to month with room to raise below market rents, one tenant will be moving out - a great opportunity for someone who would like to live there and take advantage of the current low interest rates. A great investment, ideal for a savvy investor, first time home buyer or anyone looking for cash flow! Forget about the fixer-upper'' or REO property'' because with a new roof, new sewer lateral and well maintained interiors and partial water views this place already has it all. Turnkey, these units won't cause you any undue stress in the near future (and the seller's 1-year home warranty will prove it)! Seller has enjoyed many years of healthy cash flow from this property and this is your chance to acquire the same income for yourself. If you're looking for an amazing deal, this is the opportunity you've been waiting for! Significant upside no matter what your long-term goals are.
    Exterior Features

    Exterior BrickShingleStucco Foundation Construct Slab Only Garage Parking 1-3 Cars Lot Description Level Pool No Roof Shingle Style Traditional Type 1 Story View Yes Views Water

    Interior Features

    Fireplace No Floors Hardwood Laundry Appliance W/D Hookups Unit1 Access Feat None Unit1 Approx Sq Ft 2452 Unit1 Baths Full 1 Unit1 Bedrooms 2 Unit1 Half Baths 0 Unit1 Includes Central AirCentral HeatFireplaceGasRefrigeratorStove HeaterWasher/Dryer HookupsOther Unit1 Sq Ft Source Tax Record Unit1 Total Rooms 5 Unit2 Access Feat None Unit2 Approx Sq Ft 2452 Unit2 Baths Full 1 Unit2 Bedrooms 1 Unit2 Half Baths 0 Unit2 Includes Central AirCentral HeatOven/RangeStove Heater Unit2 Sq Ft Source Tax Record Unit2 Total Rooms 5 Unit3 Access Feat None Unit3 Approx Sq Ft 2452 Unit3 Baths Full 1 Unit3 Bedrooms 1 Unit3 Half Baths 0 Unit3 Includes Central AirCentral HeatDishwasherElectricOven/Range Unit3 Sq Ft Source Tax Record Unit3 Total Rooms 4 Unit4 Approx Sq Ft 0 Unit4 Includes Other Unit4 Total Rooms 0

    Property Features

    Auction No Cap Rate 1.00 City Transfer Tax No City Transfer Tax Rate 0.00 Common Int Dev No Deposits 0.00 Est Ann Net Income -5.00 Est Insurance Exp 1.00 Est Maintenance Exp 1.00 Est Management 1.00 Est Misc Expenses 1.00 Est Taxes 1.00 Est Total Annual Exp 6.00 Est Utilities Exp 1.00 GRM 819000.00 Gross Scheduled Inc 1.00 Lot Size Source (Realist Public Rec) Monthly Expenses 0.50 Monthly Income 0.08 Multifamily Type Multi Unit 2-4 New Construction Or Resale Resale Operating Exp Inc Accounting Planned Unit Develop No Projected Or Actual Projected Sewer Septic Sewer Public Square Footage Source Realist Public Rec Transaction Type Sale Unit1 Rents For 2200.00 Unit2 Rents For 1950.00 Unit3 Lease Term Month To Month Unit3 Rents For 1350.00 Unit4 Rents For 0.00 Water Source Water-Public Year Built Source Realist Public Rec

    Listing information © 2020 Bay Area Real Estate Information Services.
    Listing courtesy of Nicole Solari of Level Up Realty - Solari Group.


    © 2020 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty World - The Lucas Group. Data last updated: 2020-10-24T23:55:47.18.
     
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    Brentwood CA, 94513