$2,400,000
Pending

Address Not Shown

Martinez, CA 94553
Listing OfficeIncome Property Services
Browse 104 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

The Mellus/Ferry Apartments located at 721 Mellus Street, Martinez, is a clean, well-located, multi-family property that has been well maintained and represents a rare opportunity to own property in one of the Bay Area’s most desirable locations — Downtown Martinez. The property is minutes away from three BART stations, and walking distance to the shopping, cafes, and coffee shops in Downtown Martinez. The property is also close to Highways I-680, 24 and 4 and provides access to recreational opportunities such as Rankin Aquatic Center, Waterfront Park, Martinez Regional Shoreline, George Miller Regional Trail, Carquinez Straight Regional Shoreline, Briones Regional Park and the Martinez Marina. Martinez is also the County Seat of Contra Costa County and home to three hospitals. The two-story property features uncommon construction details that include raised foundations, low maintenance stucco exteriors, pitched, composition shingle and flat roofs, garages, individual water heaters, washer/dryer hookups and separate meters for gas and electricity. The property has well designed floor plans and a mix of easy to rent units: (8) 1BR / 1BA Townhouses of 564 s.f. +/- (1) 2BR / 1.5BA Townhouse of 678 s.f. +/- (1) Studio of 450 s.f. +/-

  • Property Details
      • Property SubtypeResidentialIncome
      • Date ClosedNovember 25, 2024
      • Property TypeMulti-Family
      • CountyContra Costa
      • Original List Price$2,400,000
      • SubdivisionDOWNTOWN
      • MLS #41071596
      • MLS #41071596
      • Taxes Annual$34,468
      • Cost2400000
      • Acres0.2296
      • Year Built1938

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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