210 Tunnel Ave - Apartments FOR SALE


Richmond, CA 94801- Point Richmond
$1,375,000 USD
650-630-7888
210 Tunnel Ave, Richmond, CA for Sale
$1,375,000 USD
Apartments - FOR SALE
1/18
null | 6.34% Cap Rate

210 Tunnel Ave
Richmond, CA 94801
Point Richmond


HIGHLIGHTS

  • Walking trails close by
  • Transportation close by
  • Cafe & Restaurants nearby

OVERVIEW

A prime investment opportunity in the heart of highly desirable and historic Point Richmond neighborhood. The well maintained 18 units on the 5440 sq.ft. lot, SRO type of apartment setting. It is close to freeway, shopping and local amenities. There are 3 - 1br/1ba units, 15 units with kitchen and shared bathroom. The lovely backyard with trees and sitting area provide the space to relax and enjoy the fresh air. It is fully rented at $13,000 a month rental income. Tenants are responsible for wifi & cable. Owners pays for PG&E, water, & garbage. Majority of the units have been upgraded. It delivers the reliable income and long term appreciation potential for investor. AS IS sale.

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$90 USD /SF

# OF UNITS

18

PRICE/UNIT

$76,389

CAP RATE

6.34%

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1912

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,440 SF

ZONING

-

APN/PARCEL ID

558-101-003-9

ASK ABOUT THIS PROPERTY

Mindy TsoiIntero Real Estate ServicesMore Info
650-630-7888

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Mindy TsoiIntero Real Estate ServicesMore Info
650-630-7888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.