• 5700 Madison Ave Richmond, CA 94804

  • $899,000
  • 4
    Bed(s)
  • 2
    Baths
  • 0
    Sq Ft
  • 4875
    Sqft
  • Listed By: Shadi Alkhudari, Re/Max Synergy Group, DRE #01754475
  • Source: CRMLS

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.

Property Type :

Residential Income

Subdivision :

Fallbrook

County :

Contra Costa

Style :

Residential Income

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Unit No Unit Key Total Bath Total Bed Full Bath Half Bath
1 1072798733 1 2 0 0
2 1072798733 1 2 0 0

Property Details

 

Bathroom Information

Total Baths: 0

Water/Sewer

Sewer : Public Sewer

Interior Features

Roof : Shingle

Property Appliances: Dryer,Washer

Flooring: Laminate,Tile

Cooling Features

Air Conditioning

Heating Source

Wall Furnace

Has Heating

Building Information

Year Built: 1950

Construction: Wood Siding

Roof: Shingle

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1119

Lot Size Source: Public Records

Lot Size Square Feet: 4875

Listing Price Information

Original List Price: 899,000

Listing Contract Date: 2024-04-25

Lease Information

Tax Information

Parcel Number: 5091000140

Garage and Parking

Garage Description: Carport

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: Gas

Other Property Info

Source Listing Status: Active

Source Neighborhood:

Directions: San Pablo, right on Madison Cross Street: San Pablo.

Source Property Type: Residential Income

Property SubType: Duplex

Building and Construction

Property Age: 74

Structure Type: Duplex

Year Built Source: Vendor Enhanced

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Harbour Way, Richmond, CA,94804 $1,200,995 -- -- -- 20173 Sqft
1205 Melville Sq #206, Richmond, CA,94804 $639,000 2 2 1,434 --
6120 Panama Ave, Richmond, CA,94804 $798,888 2 1 828 5000 Sqft
244 S 16th St, Richmond, CA,94804 $513,600 3 1 939 3000 Sqft
Lincoln, Richmond, CA,94804 $449,900 2 1 795 --
649 23rd Street, Richmond, CA,94804 $799,000 -- -- -- 2325 Sqft
Sanderling Island, Richmond, CA,94804 $455,000 -- -- -- 5520 Sqft
11th, Richmond, CA,94804 $619,000 3 2 920 --
329 29th St, Richmond, CA,94804 $489,900 3 1 1,075 2500 Sqft
219 Maine Ave, Richmond, CA,94804 $625,000 3 2 1,042 3798 Sqft

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 05/16/2024 @ 05:30

MLS: 41057424
LISTED BY: Shadi Alkhudari, Re/Max Synergy Group
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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