The property at 580 Dimm St, Richmond, CA offers promising rental potential. Based on comps, the rental range is approximately $3,195 to $3,700 monthly. With three bedrooms and two bathrooms, the estimated total annual revenue is between $38,340 and $44,400. Richmond's market is stable, with a mix of suburban and city vibes, appealing to a broad tenant base. The property’s charming features, like hardwood floors, a fireplace, and city views, further enhance its rental appeal.
To increase rental income, consider modernizing the kitchen and bathrooms, as updated amenities can command higher rents. Adding energy-efficient appliances could also be attractive to tenants. If contemplating a sale, highlight the property's unique charm and potential for rental income in marketing materials, especially given its location in the desirable Richmond Heights neighborhood.