40 Foster St, Martinez, CA 94553
40 Foster St, Martinez, CA 94553
40 Foster St, Martinez, CA 94553
40 Foster St, Martinez, CA 94553
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Sam Spinella

Sam Spinella

+1(408) 393-9294
Listed by Theodore Booras, DRE #01147469 • United Apartment Group
$ 1,125,000
Est. payment | /mo

8 Beds

4 Baths

3,312 SqFt

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$ 1,125,000
Est. payment | /mo
Save

8 Beds

4 Baths

3,312 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,312 sqft

Price per Sqft $339

MLS Listing ID EB41128459

Bedrooms 8

Year Built 1964

Lot Size 5,555 Sqft

Property Sub-Type Fourplex

Source Bridge MLS

Property Description

40 FOSTER ST. IS AN EXCELLENT VALUE ADD FOURPLEX OPPORTUNITY NEAR DOWNTOWN MARTINEZ. THE PROPERTY HAS AMAZING VIEWS OF BOTH THE BAY AND THE MARTINEZ VALLEY. CONSISTING OF FOUR TWO-BEDROOM, ONE-BATH APARTMENTS AT ABOUT 828 SF EACH WITH ONSITE COIN-OPERATED LAUNDRY, CARPORT PARKING, NEW WINDOWS & ROOF. NO LOCAL RENT CONTROL CREATES AN EASY REPOSITIONING OPPORTUNITY WITH A FEW INTERIOR UPDATES AND SOME RENT INCREASES ALLOWING FOR A FULL MARKET RENT STABILIZED INVESTMENT QUICKLY AND EVEN SOONER WITH SOME NATURAL TURNOVER. ADDITIONAL UPSIDE IN ANCILLARY INCOME AS WELL WITH OWNED LAUNDRY EQUIPMENT. FANTASTIC VIEW OF CARQUINEZ BAY ON ONE SIDE, AND DOWNTOWN ON THE OTHER. ONE BLOCK FROM RANKIN SWIN CENTER AND PARK.

Location

State CA

County Contra Costa

Area Martinez

Interior

Heating Wall Furnace

Cooling Other

Flooring Laminate, Linoleum, Vinyl, Carpet - Wall to Wall

Laundry Community Facility

Exterior

Exterior Feature Stucco, Siding - Wood , Wood Frame

Garage Spaces 8.0

View Hills, Panoramic, Carquinez

Roof Type Rolled Composition

Others

Tax ID 372-051-015-9

Special Listing Condition Price Change, Not Applicable

MLS Listing IDX PLUS
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Sam Spinella
Sam Spinella

Your Trusted Real Estate Guy | License ID: 01377658

+1(408) 393-9294 | sam@spinellagroup.com

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40 Foster St