4143 Fran Way
4143 Fran Way
$3,145,000
—
12,240
12,240
$257
Sold 4/16/24
Description
4143-4169 Fran Way, Richmond, positioned on the border of El Sobrante. This premier property comprises 12 townhome-style units with individual garages for each unit. The units features 2 bedrooms and 1.5 baths, caters to a diverse demographic, ensuring broad market appeal. Majority of the units have their own balconies increasing the rent-ability and value. The property is fully stabilized with 100% occupancy with an in-place Cap Rate of 6.17% and produces nearly a 5% cash on cash return day one....4143-4169 Fran Way, Richmond, positioned on the border of El Sobrante. This premier property comprises 12 townhome-style units with individual garages for each unit. The units features 2 bedrooms and 1.5 baths, caters to a diverse demographic, ensuring broad market appeal. Majority of the units have their own balconies increasing the rent-ability and value. The property is fully stabilized with 100% occupancy with an in-place Cap Rate of 6.17% and produces nearly a 5% cash on cash return day one. With a 10.8 GRM and $261 price per square foot, this investment is one you do not want to miss out. The property's location on the El Sobrante border and provides residents access to the amenities and charm of both Richmond hills and El Sobrante. Investors keen on maximizing returns and unlocking additional value should consider the prospect of condo conversion, turning each unit into a 2bed town-home condo (Buyer to do their own research).
Listing Agent
Property Details for 4143 Fran Way
City
RICHMOND
Building Type5 or More Units
Property Sub Type5 or More Units
Garage/ParkingAttached Garage, Tandem Parking
Total # Parking Spaces12
Location
LISTING UPDATED: 04/17/2024 01:05 PM
Property Details for 4143 Fran Way
Status | Sold |
---|---|
MLS # | 41048716 |
Days on Compass | 6 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1975 |
Lot Size | 0.72 AC / 31,450 SF |
County | Contra Costa County |
Location
Building Information for 4143 Fran Way
Stories-Residences12Year Built1975Building Size-Lot Size0.72 AC / 31,450 SF
Payment Calculator
$17,164 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 4143 Fran Way
Property History for 4143 Fran Way
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 4143 Fran Way
This home is within West Contra Costa Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Murphy Elementary School PublicK to 6 | ||
Crespi Junior High School Public7 to 8 | ||
De Anza Senior High School Public9 to 12 | ||
Harbour Way Elementary Community Day School PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.