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18 W Franklin St
Richmond, VA 23220
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Immaculately renovated historic 5-unit apartment building
- Highly walkable location in Monroe Ward close to VCU campus
- Off street parking
- High income short term rental property with excellent rental history
- Turnkey opportunity for entry level STR investor
Property Facts
| No. Units | 5 | Lot Size | 0.09 AC |
| Property Type | Multifamily | Building Size | 9,120 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1895 |
| Building Class | C | Parking Ratio | 0.55/1,000 SF |
| Zoning | R-3 - RO-3 w/SUP for 5-unit Tourist Home (STR) – Flexible residential/office potential per zoning | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 9,120 SF |
| No. Stories | 3 |
| Year Built | 1895 |
| Parking Ratio | 0.55/1,000 SF |
| Zoning | R-3 - RO-3 w/SUP for 5-unit Tourist Home (STR) – Flexible residential/office potential per zoning |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Bay Window
- Crown Molding
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Range
- Tub/Shower
- Wi-Fi
- Coffee System
- Window Coverings
- Large Bedrooms
Site Amenities
- Controlled Access
- Furnished Units Available
- Maid Service
- Smoke Free
- Vintage Building
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | 600 |
Property Taxes
| Parcel Number | W000-0104-022 | Improvements Assessment | $821,000 |
| Land Assessment | $244,000 | Total Assessment | $1,065,000 |
Property Taxes
Parcel Number
W000-0104-022
Land Assessment
$244,000
Improvements Assessment
$821,000
Total Assessment
$1,065,000
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