About the Property
Exceptional investment opportunity first time on the market in 21 years! It’s a flexible multi-family trophy property steeped in history and old-world charm.
Presenting 2900 Barrett Ave, a distinguished 3-unit multi-family residence steeped in rich history and nestled in the vibrant heart of North and East Richmond. Constructed in 1929, this expansive property boasts 4,170 square feet* of versatile living space, offering a wealth of potential for an investors or potential owner user looking for income potential. Current owners occupied the property for several years. Property has run zero vacancy since 2012.
Unit mix:
- 2900 Barrett Avenue: 1+ bedroom, 1 bath* | Large living room, dining room and eat-in kitchen
- 470 29th Street Unit A: 2 bedroom, 1 bath* | Large living room and eat-in kitchen
- 470 29th Street Unit B: 1 bedroom, 1 bath* | Large living room
Features Include:
Historic Charm: Built in 1929, this property exudes timeless appeal including period molding, curved wood and glass doors, hardwood floors and built-ins that reflect the architectural character of its era.
Spacious Layout: Encompassing 4,170 square feet, each unit is ample size. Building is a versatile floorplan catering to diverse living arrangements or rental opportunities.
Extensively Updated Over the Years: Kitchens, bathrooms, many windows replaced, electrical mains (2004), roofs (2004 and 2022), sewer lateral (2022), fences and landscaping.
Strategic Location: Situated on Barrett Avenue in the center of the desirable North and East neighborhood, the property benefits from excellent connectivity to local amenities, schools, shopping centers, public transportation, and BART which enhances its desirability for tenants and residents.
Potential expansion opportunity: With its substantial size and prime location, this multi-family home presents a rare opportunity for rental income. Large basement 2-car garage and open attic space may provide opportunity for potential ADU expansion.*
Parking for 4 cars: 2 attached garage spaces with internal access. 2 off street parking spaces.
This is a rare opportunity to own a trophy asset with a rich past and an exciting future. Whether you’re an investor looking for a high-demand rental property or a homeowner dreaming of a historic residence with income potential, 2900 Barrett Ave is a one-of-a-kind find.
Don’t miss your chance to own a piece of Richmond’s history—Schedule a showing today!
* All property details are based on available public records and are subject to buyer’s verification. All development is subject to local zoning regulations and buyer should verify with the city.