$1,805,000
$1,950,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
2,542 SqFt
SOLD DATE : 03/11/2024
Key Details
Sold Price $1,805,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,542 sqft
Price per Sqft $710
MLS Listing ID ML81951416
Sold Date 03/11/24
HOA Y/N No
Year Built 1946
Annual Tax Amount $24,582
Lot Size 8,398 Sqft
Property Description
3607 Chestnut Street in Lafayette, CA features (3) two-bedrooms/one-bath units situated on a 0.19 acre lot. Each unit has access to an individual washer and dryer with other amenities including (2) garages, a shared courtyard area and on site parking spaces. With an outstanding Walk Score of 90/100, residents are walking distance from Downtown Lafayette and the Lafayette BART station. The serene and tranquil surroundings of Chestnut Street make it an ideal place for wide range of residents to call home. With a thoughtful approach to property improvements, buyers and investors have the opportunity to gain untapped value through renovations, modernization and bringing rents closer to market value. Considering the highly constrained housing supply in the Bay Area, buyers and investors may consider improving rental income by adding an accessory dwelling unit (ADU, buyer to verify with the city). 3607 Chestnut Street's outstanding location, proximity to Downtown Lafayette and upside in value make it a one of kind opportunity for buyers and investors alike.
Location
State CA
County Contra Costa
Area 699 - Not Defined
Interior
Fireplace No
Exterior
Garage Spaces 2.0
Garage Description 2.0
View Y/N No
Roof Type Composition
Accessibility Other
Total Parking Spaces 4
Building
Story 1
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 2431010491
Financing Other
Special Listing Condition Standard
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Bought with Chris Saiz • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "