2367 Clinton Avenue is a rare opportunity to invest in a 1988 constructed property in the East Bay. Boasting six 2bd/1bth units of nearly 900 square feet, the property has onsite laundry, easy to maintain landscaping, a pitched roof, and nearly 100% rental upside. Currently there are three Section 8 tenancies which allow for immediate rental upside within 60 days of ownership. Further, there are banked rent increases which allow for a higher than normal yearly rent increase within the next twelve months. The property has covered parking, spacious layouts, and is setback from the street to ensure a peaceful and tranquil environment. There is also on site coin operated laundry for additional income.
Richmond is a fairly large East Bay community on the north side of Berkeley, about thirty minutes from San Francisco. Compared to other Bay Area cities, rent tends to be relatively affordable, making it an appealing location for commuters.Wildcat Canyon Regional Park and several large coastal parks give outdoorsy resident numerous options for enjoying the mild climate and natural beauty of the area without going far from home. Easy access to the water also makes boating and fishing popular activities for residents.
The Richmond Auditorium is a popular venue for concerts, and the Point Richmond area is a popular walking district full of unique shops and restaurants. Of course, residents also enjoy having the freedom to easily reach The City, wine country, and northern California’s other resources and attractions quickly and easily.
CONTACT STEVEN PINZA, ESQ FOR A COMPLETE MARKETING PACKAGE
