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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!
Last Updated | 10/16/2024 | Year Built | 1951 |
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County | Contra Costa |
Additional Details
AIR | Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
CONSTRUCTION | Stucco |
HEAT | Electric, Natural Gas, Space Heater, Wall Furnace |
HOA DUES | 0 |
LOT | 10000 sq ft |
LOT DESCRIPTION | Street Level |
Location
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