45 W 10th St

Pittsburg, CA 94565

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 12500
    Sqft(Lot)
$2,350,000

Description

We are pleased to present 25-45 w. 10th street in pittsburg, ca. the property is a well maintained three-story building located within minutes to downtown pittsburg and the marina. built in 1948, the 7,574 square foot building boasts a unit mix of three (3) 3 bed/1 bath units, two (2) 2 bed/1 bath units, three (3) 1 bed/1 bath units, and two (2) studios. current ownership has renovated five units upon turnover, four of which included extensive value add renovations. renovated units offer hardwood flooring, two-pane vinyl windows, new paint, and charming original features throughout. some units have beautiful views of the marina in the distance. the sale includes the adjacent parcel which is a 14 stall parking lot for the property. the property is separately metered for pg&e, and the owner pays for water and garbage. in addition to off-street parking, the property also has onsite laundry, and perimeter fencing. new investors have the opportunity to assume the current financing on the property with a current balance of $1,319,000 at an interest rate of 3.72% with eight years remaining. with this significant reduction from current market interest rates, a new investor can assume the loan and capture a tremendous year 1 cash-on-cash return of 8.6%

  • Property Type

    Residential Income

  • County

    Contra Costa

  • Style

    Residential Income

  • AD ID

    47172692

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1948
    • Construction: Stucco

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.287
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 12500

  • Listing Price Information

    • Original List Price: 2,350,000
    • Listing Contract Date: 2024-10-14

    Lease Information

  • Tax Information

    • Parcel Number: 0852010057

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood:
    • Directions: Downtown Pittsburg Cross Street: Railroad.
    • Source Property Type: Residential Income

    Building and Construction

    • Property Age: 76
    • Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 11/16/2024 @ 22:35

  • MLS: 41076382
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 12,500 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Bay Point , in zip code 94565, this Contra Costa County Home , it is in the BAY POINTE Subdivision, are nearby neighborhoods.