5801 Madison Ave Ave, Richmond, CA 94112
- $850,000
- 2,714
- SqFt
- List Price
- $850,000
- Status
- ACTIVE
- MLS#
- 326067629
- Year Built
- 1944
- Property Type
- Quadruplex
- Living Area
- 2,714
- Lot Size
- 5,772
- Acres
- 0.13
- County
- Contra Costa
- Region
- Richmond-Annex
Property Description
5801 Madison Avenue presents a strong opportunity for investors looking to add a well-located fourplex to their portfolio. The property features four one-bedroom, one-bath units, each with separate gas and electric meters, offering a straightforward multifamily setup with stable rental income. Located near El Cerrito City Hall, shops, restaurants, freeway access, and BART, the property offers convenience for tenants while still being tucked into a residential setting. With all units designed for efficient long-term rental use, this is an opportunity for both first-time investors and experienced multifamily buyers to purchase an East Bay income property with room to evaluate future upside.
Additional Information
- Basement
- None
- Heating
- Wall Furnace
- Cooling
- None
- Lot Description
- Landscape Back
- Possession
- Close Of Escrow
- Tenant Pays
- Electricity, Gas, Water
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Listing courtesy of Amber Freitas from Twin Oaks Real Estate INC
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