36
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$1,120,000
Est. payment /mo
8,010 Sqft Lot
New
512 S 16th St Richmond, CA 94804
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Richmond
MLS Listing ID 41149226
HOA Y/N No
Year Built 1964
Lot Size 8,010 Sqft
Property Description
512 S 16th Street is a rare opportunity to acquire a secure, upgraded, and income-generating 6-unit apartment complex with both immediate cash flow and long-term appreciation potential. This well-maintained building features 5 renovated 2BD/1BA units at approximately 820 sq ft, plus Unit #2 offering an additional bonus room for flexible use. All units are tenant-occupied, each equipped with a Ring doorbell, a dedicated carport, and owner-paid water & garbage. The property offers gated pedestrian and vehicle access, 8 exterior security cameras, an on-site laundry room with 2 washers/2 dryers and private outdoor space for tenant use. With modern upgrades, stable tenancy, and a desirable unit mix, this asset provides a strong foundation for expanding your portfolio or entering the East Bay multifamily space.
Location
State CA
County Contra Costa
Interior
Heating Natural Gas
Fireplace No
Appliance Gas Water Heater, Dryer, Washer
Exterior
Roof Type Shingle
Total Parking Spaces 6
Building
Lot Description Street Level
Others
Tax ID 5442720164
Virtual Tour https://512s16thSt.com/idx
Listed by Brandon Payton Christie's Int'l RE Sereno #01886199
NEARBY SCHOOL & BUSINESS