Property Detail

617 16th St.

Richmond CA 94801

$650,000

Status: Active

Property Details

Description

Experience an exceptional investment opportunity with this meticulously maintained multifamily property in Richmond, CA. This garden-style building offers two spacious 3b/2ba & 3b/1.5ba units with hardwood floors, tiled bathrooms, wood cabinetry, and washer/dryers in the back. Upside in the rents! TENANTS PAY ALL UTILITIES! Built in 1991 and zoned RM2, this property is immaculately presented, with 100% occupancy providing a steady income stream from day one. The prime Richmond location offers convenient access to local amenities and transportation routes, catering to the modern investor's needs. With a strong rental history and well-maintained grounds, this property represents a sound choice for discerning multifamily investors seeking long-term value and reliability.

Map Location

Listing provided courtesy of Ethan Berger of NAI Northern California. Last updated 2025-10-01 08:10:44.000000. Listing information © 2025 CRMLS.

Steele Realty Group

Steele Realty Group

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