Listing provided courtesy of Shadi Alkhudari of Re/Max Synergy Group. Last updated 2024-05-07 08:11:46.000000. Listing information © 2023 CRMLS.
Asking Price: $899,000
5700 Madison Ave, Richmond CA 94804
Community:
Status: Active
This Duplex property was built in 1950 and is priced at $899,000. Please see the additional details below.
Welcome to this remarkable investment opportunity nestled within the vibrant city of Richmond. This charming duplex sits proudly on a spacious corner lot, offering an ideal blend of urban convenience and suburban tranquility. Property Highlights: Duplex Advantage: Two separate units with two separate addresses (5700, 5704) present an excellent opportunity for multi-generational living, rental income, or potential owner-occupancy with supplementary rental income. Corner Lot Appeal: Ample space, increased visibility, and potential for creative landscaping or expansion. Location: Situated in a sought-after area of Richmond. Boarder line of El Cerrito known for its accessibility to city amenities, parks, schools, and public transportation. City Accessibility: Close proximity to shopping centers, dining options, entertainment venues, and major transportation routes, ensuring convenience for residents. Recreational Options: Nearby parks, recreational facilities, and green spaces offer opportunities for outdoor activities and relaxation. Investment Potential: Rental Income: Potential for immediate rental income or live in one unit while renting out the other for supplemental income.