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Image 1 - 2116 Barrett Ave, Richmond, California, 94801 - House for sale
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Barrett Ave, Richmond, Home For Sale
2116 Barrett Ave, Richmond, California, 94801

Barrett Ave, Richmond, Home For Sale

house for sale
Listed: 08/13/24

2116 Barrett Ave, Richmond, California, 94801

Studio Bed:
3,575 Sq Ft Living Area:
Save
Price
$ 1,35M

About This House

This isn't just a strong investment opportunity, it could be your new home. This International Style 4-plex in the heart of Richmond with hints of practical Postmodernism, currently has 1 unit vacant. Whether you leverage Fannie Mae's recent lending changes to put 5% down and use 75% of the rental income ($102, 000annually) from the other units towards your qualifying income for the loan when you move in, or you fill the unit at market rate ($2, 500) and benefit from it as an investment property, this property is a savvy move for a buy-and-hold investor. It's very clear that property values in Richmond are on the rise (New Ferry terminal to SF) and objective projections for equity appreciation are …  Full description

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Richmond Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In August 2024, the asking price for 2 bed houses for sale in/near Richmond, United States averaged $587,241, an increase of 14.1% from the previous month.
Median price trends for properties for sale in Richmond, United States as of August 2024.

Household Income

Median household income: $61,045
Number of households: 36,716
The average household income in Richmond, CA grew from $57,107 to $61,045 in the past year. This data is an estimate based upon 36,716 households in Richmond, CA.
The chart below presents how household income is distributed in Richmond, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Richmond, CA compared to median property taxes around the country. The prevalent amount of property taxes in Richmond, CA equals $3k+ , which is more than the national average.