Listed by Marcus & Millichap - San Francisco
$725,000
214 Barrett Ave
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,484
Net Rentable (SqFt) 2,484
Units 3
Pro-Forma Cap Rate 6.86%
Pro-Forma NOI $49,742
Price per SqFt $292
Year Built 1977
Buildings 1
Stories 2
Multifamily | 3 Units | $241,667/unit
Marketing description
Built in 1977, the property at 214 Barrett Ave in Richmond, CA comprises three units within a two-story building. Each unit features two bedrooms, and the property provides off-street parking for all units. Located in the heart of Richmond and conveniently near major highways—ideal for commuting—this property presents an excellent investment opportunity for a new owner.
Investment highlights
Ideal unit mix of (3) 2-Bed/1-Bath units
Off-street parking for all units
Conveniently located with easy access to major highways
Value-add opportunity
Listing Contacts
Listed by Marcus & Millichap - San Francisco
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