260 Water St
Richmond, CA 94801
Multifamily Property For Sale · 5 Units

Tired of living far away from the action? Looking for a 1031 exchange/investment opportunity with SF bay and bridge views from owners unit? This well-cared for property is located on a quiet cul-de-sac in the hills of charming upscale and historic Point Richmond. The owner's unit has 2+ beds/2.5 baths, private entry (including direct access from the attached garage), large foodies kitchen, 3 decks plus covered patio and private yard and makes a great AirBnB. Building boasts it's own large wine cellar. The property is a short walk to town with an active arts community, library, churches, cleaners, a bank, multiple hair, nail, and body care salons and spa, grocery stores with organic groceries, many restaurants, a pub, coffee shops, live music and summer concerts, the Plunge (historic, restored indoor swimming pool), tennis courts and many small thriving professional businesses. Nearby Miller Knox Park has great picnicking facilities and updated children's play areas, and easy access to a small public beach, the Bay, walking, biking and hiking trails. Near the Richmond San Rafael Bridge with easy access to highways 580, 80 and the Richmond Parkway with public transportation nearby. You get all of this plus income from four additional 2 bedroom apartments, all with garages and one carport. Property includes a shared in ground swimming pool and onsite coin laundry for additional income. The sale of this property is subject to an existing T-Mobil cell antenna lease. Square footage of units is estimated; buyer to verify. This property is subject to the City of Richmond rent control ordinance. PLEASE DO NOT DISTURB TENANTS. For an appointment to view the owner's unit (which is currently being used as an AirBnB or for additional information and disclosures, contact listing agent at (510) 863-0331. Sellers are licensed real estate brokers.