229 S 7Th St, Richmond, CA 94804

About this duplex

For an investor with vision, 227-229 S 7th Street in Richmond’s Santa Fe neighborhood is something akin to a “must buy” (especially considering the modest asking price of $699,995). This 2-unit building (1 - 2BR/1BA, 1 - 3BR/1BA) is located just minutes away from Kaiser Permanente’s Richmond Medical Center and Chevron’s Richmond facility. Such proximity all but guarantees any vacancies will be short lived as medical assistants, traveling nurses, and other types of strong professionals always desire convenient housing. Onsite amenities include parking, laundry, and a secure entry to ensure tenants always feel safe at home. One of the two units (3BR) shall be delivered vacant and move-in ready, allowing the new owner to either occupy a unit or handpick new tenants and set rents for both. The 2BR unit will come occupied, allowing the new owner to generate modest immediate cash flow.

Listing description from the September 2023 sale, as reported to CRMLS.

Sale history

$705,000

Sold September 2023 · listed $699,995, on market June 2023 · MLS #41031818 · Source: CRMLS

Listing Agent: Joey Wang · Listing Office: Keller Williams Realty · Contact: 925-934-2900 · Bought with: Alfonso Rodriguez · America Realty

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