1300 Cherry Street., Richmond, CA 94801

Property Description

Seller Financing Available: Rare opportunity to acquire a well-located Richmond investment property with 50 thousand down and 5% interest! Value-Add Opportunity: Huge 3 bedroom 2 1/2 bathroom manufactured home that is included in sale! Plans for development of house can be included in purchase! Prime Richmond Location: Conveniently located near major commuter routes including I-80 and Richmond Parkway. Easy access to public transportation, shopping, dining, schools, and amazing new parking just down the street! Strong Rental Demand: Richmond continues to experience consistent rental demand driven by its affordability relative to neighboring cities, proximity to San Francisco, Berkeley, Oakland, and Marin County, and expanding employment opportunities. Excellent Accessibility: Minutes from Richmond BART, the Richmond Ferry Terminal, and major transportation corridors, providing convenient access for commuters throughout the Bay Area. Great for any type of commuters! Appealing Investment Profile: Well-suited for 1031 exchange buyers, long-term investors, or owner-users seeking an income-producing property with future upside in a growing market! This property is perfect for a contractor's special, investor looking for a fast development, or family looking for a fixer upper to call