5030 Barrett Ave - Apartments FOR SALE


Richmond, CA 94805- East Richmond
$847,000 USD
917-709-7324
5030 Barrett Ave, Richmond, CA for Sale
$847,000 USD
Apartments - FOR SALE
1/31
null | Request Cap Rate

5030 Barrett Ave
Richmond, CA 94805
East Richmond


HIGHLIGHTS

  • Very desirable area of Richmond
  • Can live in one/rent the other
  • Great investment for a first time investor or multi-generational family

OVERVIEW

Property APN shows 495 Key Blvd. as main address. This is TENANT unit, please DO NOT disturb. 5030 Barrett Ave is vacant, show anytime. Unit with tenant flexible with showing times with 24 hour notice. Tenant never missed a payment since 2007 or during Covid. Buyer can keep tenant or file for owner move in/Ellis act to remove tenant and occupy both units. Buyer is advised to check with city of Richmond rent control board for renter/landlord rights. Seller will pay the renter relocation fee set by the city of Richmond if tenant removal is desired as a credit to buyer (seller is also working on "M.N.O.I" to petition a rent increase for buyer). Air B&B garage was rented at $100 per day (short term) or $1500 per month (long term). Photos of 495 to be sent via text/email upon request. Barrett Ave. unit has a dining room that was converted into an extra bedroom. Email offers to: bruno@brunoversaci.com Offers reviewed as they come. Supra on door/combo box on gate for out of area agents. For combo code please call 917-709-7324. For questions, please call (preferred) or text listing agent at 917-709-7324.

FOR SALE DETAILS

PRICE

$847,000 USD

PRICE/SF

$515 USD /SF

# OF UNITS

3

PRICE/UNIT

$282,333

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1939

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,171 SF

ZONING

R

APN/PARCEL ID

519-280-004-2

ASK ABOUT THIS PROPERTY

Bruno VersacieXp CommercialMore Info
917-709-7324

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Bruno VersacieXp CommercialMore Info
917-709-7324

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