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    735 Edwards St

    Crockett, CA 94525
    • $1,250,000
    • STATUS: Active
    • ON SITE: 102 days
    • ID#: 40912287
    UPDATED: 55 min ago
    $1,250,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,965
      SQFT
    • $315
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1914
    County:

    School Ratings & Info

    Description

    RECENTLY INCREASED CASH-FLOW STARTING AUGUST 19, 2020. 735 Edwards St, is a 4-unit property offered at a 5.3% cap rate. The property consists of a recently renovated 4-bed 2-bath detached SFR and a triplex with two 2-bed 1-bath units and one studio. 3 of the 4 total units have been tastefully renovated. All units are occupied and all but the studio unit have in-suite washer and dryers. The studio was recently vacated, improved, and re-leased at a higher rate in a matter of days due to a flurry of renters interested in leaving dense urban areas for more space and cheaper rents. The property is located in the charming town of Crockett and is situated atop a hill overlooking the Carquinez Bridge, rolling hills of Contra Costa County, and the City of Benicia across the San Pablo Bay channel. Entrances to I-80 are 0.8 miles away making drive times to Vallejo about 15 minutes and Downtown Oakland about 30 minutes. Do Not Disturb Tenants. Tours By Appoint Only.

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    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-25T20:38:00.493.

    www.lucasgphomes.com/homes/107836984
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    735 Edwards St Crockett, CA 94525

    • Price: $1,250,000
    • Status: Active
    • Updated: 55 min ago
    • ID#: 40912287
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,965
    SQFT
    $315
    $/SQFT
    1914
    Built
    Neighborhood:
    Crockett/Port Costa
    County:
    Contra Costa
    Area:
    Crockett/Port Costa
    Property Description
    RECENTLY INCREASED CASH-FLOW STARTING AUGUST 19, 2020. 735 Edwards St, is a 4-unit property offered at a 5.3% cap rate. The property consists of a recently renovated 4-bed 2-bath detached SFR and a triplex with two 2-bed 1-bath units and one studio. 3 of the 4 total units have been tastefully renovated. All units are occupied and all but the studio unit have in-suite washer and dryers. The studio was recently vacated, improved, and re-leased at a higher rate in a matter of days due to a flurry of renters interested in leaving dense urban areas for more space and cheaper rents. The property is located in the charming town of Crockett and is situated atop a hill overlooking the Carquinez Bridge, rolling hills of Contra Costa County, and the City of Benicia across the San Pablo Bay channel. Entrances to I-80 are 0.8 miles away making drive times to Vallejo about 15 minutes and Downtown Oakland about 30 minutes. Do Not Disturb Tenants. Tours By Appoint Only.
    Exterior Features

    Additional Misc Features Extra Storage Exterior Wood Frame Lot Description 2 Houses / 1 Lot Parking Description Attached GarageOff Street Parking Parking Spaces Total 4 Parking Spaces Unit1 Y Parking Spaces Unit2 Y Parking Spaces Unit3 Y Parking Spaces Unit4 Y Roof Unknown Views Carquinez Yard Description Fenced

    Interior Features

    Basement Storage Area Bathrooms Unit1 2 Bathrooms Unit2 1 Bathrooms Unit3 1 Bathrooms Unit4 1 Bedrooms Unit1 4 Bedrooms Unit2 2 Bedrooms Unit3 2 Bedrooms Unit4 1 Cooling No Air Conditioning Flooring Wood Heating Other Heat Laundry Inside Unit

    Property Features

    Age 106 Annual Expense Year 2019 Annual Gross Fee Income 0 Annual Gross Sched Income 90960 Annual Insurance Expense 1504 Annual Maintenance Exp 2500 Annual Management Expense 0 Annual Miscellaneous Inc 2400 Annual Rental Inc 88560 Annual Taxes 17761 Annual Total Oper Exp 24619 Annual Utility Expense 1272 Annual Vacancy Expense 2729 Building Type Fourplex City Transfer Tax No Disclosures Other - Call/See Agent Equipment Additional Washer Existing Lease Terms Written Agreement Financial Data Source EstimatedOwner Other Annual Expense 0 Possession Tenant's Rights Rent Unit1 $2885 Rent Unit2 $1500 Rent Unit3 $1845 Rent Unit4 $1350 Separate Meters ElectricGas Source Public Records Special Information None Tenant Pays ElectricGas Terms CashConventional Total Deposits 8800 Water Sewer Other Zoning R-6

    Listing courtesy of Teddy Swain of Tri Invest. Services, Inc.


    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-25T20:38:00.493.

     
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