Exceptional investment opportunity for an ambitious househacker or a savvy buy-and-hold investor. After undergoing a full gut renovation in 2020, this property has been a stable income-producer in a growing pocket of Richmond. Three units are occupied by reliable tenants on long-term leases, while the 4th unit is month-to-month, giving the incoming owner flexibility to approach the property in a way that best fits their own strategy. With a highly-capable and attentive property manager already in place and willing to stay on, and a rent roll over $5,000 per month, this property can be as turnkey as you would like it to be.
3,540 Sq Ft
7,540.24 Sq Ft Lot Size
investment
$292 Monthly Tax
Built in 1946
MLS/Listing ID 2618150
2 Stories
4 Units
Public Water
Public Sewer
Shingle
Deck
Parking - Off Street
Lot - Level
Dryer Hookup
Washer Hookup
Partial
Fenced
Construction - Drywall
Construction - Brick
Style - Colonial
Electric Water Heater
TOTAL MONTHLY COST
$0
$0
$0