512 S 16th St, Richmond, California 94804
$1,100,000
- Property Type
- Residential Income
- City
- Richmond
- Status
- Active
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.
About
Listed by Brandon Payton with Christie's Int'l RE Sereno
Quick Facts
MLS Property Type
Residential Income
Property Subtype
Apartment
Status
Active
MLS Number
41149226
Year Built
1964
Units
6
Lot Size
8,010 sq ft
Location
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Details
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