Richmond Homes with 5 or More Units Property Subtype

Richmond Homes with 5 or More Units Property Subtype

Welcome to Richmond, California – a vibrant city nestled in Contra Costa County, known for its rich history, diverse culture, and stunning waterfront views. With its strategic location along the San Francisco Bay, Richmond offers residents a unique blend of urban convenience and natural beauty. The city is home to a myriad of parks, recreational areas, and cultural attractions, making it an ideal place for families, young professionals, and retirees alike.

Richmond boasts a variety of housing options, but one of the most appealing subtypes for investors and multi-family living enthusiasts is the homes with five or more units. These properties are perfect for those looking to capitalize on the growing rental market. With the city’s ongoing development and revitalization efforts, Richmond has become a hotspot for real estate investment, providing great potential for cash flow and appreciation.

The homes with five or more units in Richmond offer a range of styles and configurations, catering to a diverse tenant base. From well-maintained vintage buildings that exude character to modern complexes equipped with contemporary amenities, there’s something for everyone. Living in Richmond means enjoying easy access to public transportation, including BART, which connects residents to the greater Bay Area, as well as a variety of shopping, dining, and entertainment options.

Investing in multi-family properties in Richmond not only provides a stable income stream but also contributes to the community’s growth and development. With its charming neighborhoods and a strong sense of community, Richmond is the perfect place to plant your roots or expand your investment portfolio. Discover the potential that awaits you in this dynamic city!

Newest Richmond Homes with 5 or More Units Property Subtype

$795,000
3,782 SqFt. 226109120 MLS
Prime Richmond Investment: Fully Renovated Six-Unit Apartment Complex Seize a remarkable turnkey opportunity with this exceptionally well-maintained, six-unit apartment building in Richmond, Featuring an ideal, high-demand unit mix, this property offers investors a high-yield, low-maintenance asset ready to elevate any real estate portfolio. Property Overview & Unit Mix Total Units: 6 spacious apartments 1-Bed / 1-Bath: 3 units (approx. 800 sq. ft. each) 2-Bed / 1-Bath: 3 units (approx. 1200 sq. ft. each) Security: Fully fenced with a secure gated entrance Utility Structure: Tenants responsible for all utilities Recent Premium Renovations Upgraded Electrical: Brand new electrical panels installed for modern safety and capacity. Fresh Modern Interiors: Brand new paint and professional flooring throughout. Comfort Upgrades: Newly installed, plush carpeting in living and bedroom areas. Desirable Tenant Amenities Generous Living Spaces: Exceptionally large layouts ranging from 800 to 1,200 sq. ft. On-Site Laundry: Dedicated common area laundry room adding tenant convenience. Expansive Outdoors: Large, welcoming common areas designed for relaxation and socializing. Prime Location & Accessibility Commuter Friendly: Immediate, convenient highway access to I-580. Bay Area Connectivity: Easy transit routes to San Francisco, Oakland, and Marin County. Convenience: Positioned near local shopping, dining, and public transportation hubs. This property perfectly balances immediate cash flow, spacious layouts, and long-term appreciation. Don't miss out on adding this fully upgraded, secure income producer to your portfolio. Property is sold as is.

419 B Street, Richmond

Listing courtesy of Simple Realty.

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