5.7% CAP RATE!!!! 6 units consisting of five 2BR/1BA and one 1BR/1BA with attached private garages. 2016 renovated building: seismically retrofitted, new roof, new insulation and stucco, new dual pane windows, new garage doors. Some units have been remodeled. Nice side yard. Only five blocks from Richmond BART and located right off the Richmond Greenway Trail.
Off market
Zestimate®
$1,114,300
40 18th St, Richmond, CA 94801
9beds
5baths
3,848sqft
MultiFamily
Built in 1961
-- sqft lot
$1,114,300 Zestimate®
$290/sqft
$2,794 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
Heating
- Wall, Gas
Cooling
- None
Appliances
- Included: Range / Oven, Refrigerator
- Laundry: Coin Operated, Laundry Equip - Owned, Community Facility
Features
- Updated Baths, Updated Kitchen
- Flooring: Hardwood
- Doors: ENERGY STAR Qualified Doors
- Windows: Double Pane Windows, ENERGY STAR Qualified Windows
Interior area
- Total interior livable area: 3,848 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage - Attached
Features
- Exterior features: Stucco, Wood
- Has view: Yes
- View description: City
Lot
- Size: 5,623 sqft
- Features: Corner Lot, Regular
Details
- Zoning: MFR1
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Walls Insulated, Insulation - Per Owner, Energy Star Windows Doors
Community & neighborhood
Location
- Region: Richmond
HOA & financial
Other financial information
- Total actual rent: 204022
Other
Other facts
- ViewYN: true
- Sewer: Public Sewer
- View: City Lights
- WaterSource: Public
- Appliances: Refrigerator, Gas Water Heater, Oven Range Free Standing
- GarageYN: true
- AttachedGarageYN: true
- Roof: Unknown
- Heating: Gas, Wall Furnace
- HeatingYN: true
- TenantPays: Cable TV, Electricity, Gas
- NumberOfUnitsTotal: 6
- ConstructionMaterials: Stucco, Wood Frame
- WindowFeatures: Double Pane Windows, ENERGY STAR Qualified Windows
- LotFeatures: Corner Lot, Regular
- OperatingExpenseIncludes: Utilities, Insurance, Trash, Gas, Water, Electric, Accounting/Legal, Maintenance/Repair, Property Tax/Assessments, License/Ads
- ExteriorFeatures: Playground, Greenbelt
- ParkingFeatures: Assigned, Attached Garage, Space Per Unit - 1
- MaintenanceExpense: 1141
- Zoning: MFR1
- DoorFeatures: ENERGY STAR Qualified Doors
- LaundryFeatures: Coin Operated, Laundry Equip - Owned, Community Facility
- ProfessionalManagementExpense: 0
- VacancyAllowance: 0
- Flooring: Hardwood Flrs Throughout
- InteriorFeatures: Updated Baths, Updated Kitchen
- GreenEnergyEfficient: Walls Insulated, Insulation - Per Owner, Energy Star Windows Doors
- InsuranceExpense: 1303
- MlsStatus: Pending
- GrossIncome: 85970
- OperatingExpense: 25380
- CapRate: 7.3
- GrossScheduledIncome: 97970
- NetOperatingIncome: 73500
- TotalActualRent: 204022
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Estimated market value
$1,114,300