Opportunity awaits at this 7-unit art deco building conveniently located in Central Richmond, with quick access to Geary Blvd, Clement corridor, and public transit. Offering 6,264 sq ft of living space, each unit is spacious at around 879 sq ft for the apartments and 638 sq ft for the cottage. The six units in the art deco building are 1bed/1bath apartments with a dining room that can be used as a second bedroom. Two units are vacant. The cottage is a 2-level structure with the bedroom on the ground level and a spacious living room with balcony on the top level.Gross scheduled income is $192,156 with a cap rate of 6.90% and GRM of 10.40.
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Courtesy: Kevin Wong - Compass
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