5700 Madison Avenue

Richmond, CA 94804

$899,000
Price
4
Beds
2
Baths
1,900 Sq. Ft.
$473 / Sq. Ft.
1,900
Sq. Ft.
$473
per Sq. Ft.

Description

Welcome to this remarkable investment opportunity nestled within the vibrant city of Richmond. This charming duplex sits proudly on a spacious corner lot, offering an ideal blend of urban convenience and suburban tranquility. Property Highlights: Duplex Advantage: Two separate units with two separate addresses (5700, 5704) present an excellent opportunity for multi-generational living, rental income, or potential owner-occupancy with supplementary rental income. Corner Lot Appeal: Ample space, increased...Welcome to this remarkable investment opportunity nestled within the vibrant city of Richmond. This charming duplex sits proudly on a spacious corner lot, offering an ideal blend of urban convenience and suburban tranquility. Property Highlights: Duplex Advantage: Two separate units with two separate addresses (5700, 5704) present an excellent opportunity for multi-generational living, rental income, or potential owner-occupancy with supplementary rental income. Corner Lot Appeal: Ample space, increased visibility, and potential for creative landscaping or expansion. Location: Situated in a sought-after area of Richmond. Boarder line of El Cerrito known for its accessibility to city amenities, parks, schools, and public transportation. City Accessibility: Close proximity to shopping centers, dining options, entertainment venues, and major transportation routes, ensuring convenience for residents. Recreational Options: Nearby parks, recreational facilities, and green spaces offer opportunities for outdoor activities and relaxation. Investment Potential: Rental Income: Potential for immediate rental income or live in one unit while renting out the other for supplemental income.
  1. Listed by Shadi Alkhudari • DRE #01754475 • Re/Max Synergy Group

Property Details for 5700 Madison Avenue

City
RICHMOND
Building Type
DUPLEX
Property Sub Type
DUPLEX
Park Spaces Total
3

Open Houses

Sunday, May 5th

1:00 PM - 4:00 PM

PublicView Details

Location

Listing Courtesy of Re/Max Synergy Group, Shadi Alkhudari, DRE #01754475
Add your commute
LISTING UPDATED: 05/02/2024 01:21 AM

Property Details for 5700 Madison Avenue

StatusActive
MLS #41057424
Days on Compass11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / DUPLEX
Year Built1950
Lot Size0.11 AC / 4,875 SF
CountyContra Costa County

Location

Listing Courtesy of Re/Max Synergy Group, Shadi Alkhudari, DRE #01754475
Add your commute

Building Information for 5700 Madison Avenue

Stories-Residences2Year Built1950Building Size-Lot Size0.11 AC / 4,875 SF

Payment Calculator

$5,684 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,906

Property Taxes

$778

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5700 Madison Avenue

Features
Feature Details
  • Flooring: Laminate, Tile
  • Laundry: Washer, Dryer
Utility Details
  • Cooling: No Air Conditioning
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: Dryer, Washer
  • City Transfer Tax: Yes
  • Exterior: Wood Siding
  • Lot Description: Corner
  • Lot Sq Ft Apx: 4875
  • Lot Size Square Feet: 4875.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 1900
  • Yard Description: Yard Space
  • Year Built: 1950
  • Acres: 0.11
Location Details
  • Directions to Property: San Pablo, right on Madison
  • FIPS Code: 06013
  • Parcel Number: 509-100-014-0
  • Printed Neighborhood Rpt: Yes
  • Board ID: BAY EAST
Multi Family Information
General Details
  • Units Total: 2
  • Basement: None
  • Parking Description: Carport - 2 Or More
  • Existing Lease Terms: Month to Month
  • Tenant Pays: Gas, Trash, Water
  • Financial Data Source: Owner
Unit 1 Details
  • Unit #/Address - 1: 5700
  • Occupied By 1: Tenant
  • Dining Room 1: Yes
  • Air Cond 1: No
  • Fireplace 1: No
  • Refrigerator 1: Yes
  • Range/Oven 1: Yes
  • Bedrooms 1: 2
  • Bathrooms 1: 1
  • Parking Spaces 1: 1
  • Apx Sq Ft 1: 950
  • Rent 1: 3000
Unit 2 Details
  • Unit #/Address - 2: 5704
  • Occupied By 2: Tenant
  • Dining Room 2: Yes
  • Air Cond 2: No
  • Fireplace 2: No
  • Refrigerator 2: Yes
  • Range/Oven 2: Yes
  • Bedrooms 2: 2
  • Bathrooms 2: 1
  • Parking Spaces 2: 2
  • Apx Sq Ft 2: 950
  • Rent 2: 1500
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: None
Additional Information
Additional Information
  • Fireplace: No

Property History for 5700 Madison Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5700 Madison Avenue

Taxable ValueLand$321,660Additions$166,189Total$487,849
Tax Record2023$9,336 ($778 / month)
Home Facts
Total Finished SqFt1,940 SqFtAbove Grade Finished SqFt1,940 SqFtStories1Lot Size4,875 SqFtStyleDuplexYear Built1950ZoningR2CountyCONTRA COSTAAPN509-100-014-0

Schools near 5700 Madison Avenue

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
Charter - 9 to 12
Rating
School
Distance
Fairmont Elementary School
PublicK to 6

Fred T. Korematsu Middle School
Public7 to 8

El Cerrito Senior High School
Public9 to 12

John Henry High
Charter9 to 12

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.

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5700 Madison Avenue is a multi-family home for sale in Richmond, CA 94804. This property was listed for sale on April 25, 2024 by Re/Max Synergy Group, it's currently listed at $899,000. It has been on the market for a total of 11 days and was last sold on September 12, 2018. This listing's school district is West Contra Costa Unified School District. Nearby schools include Fairmont Elementary School, Fred T. Korematsu Middle School and El Cerrito Senior High School. 5700 Madison Avenue is a 4-bed, 2-bath, 1,900 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max Synergy Group, Shadi Alkhudari, DRE #01754475

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.