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.
33 days
|
1,187
|
113
|
Zillow last checked:
Listing updated:
Listed by:
Nico Ericksen-Deriso303-502-6658,
EXP Realty, LLC804-729-5188,
Ana Nuckols240-507-3362,
EXP Realty, LLC
Source: CVRMLS,MLS#: 2618150Originating MLS: Central Virginia Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Appliances
Included: Electric Water Heater
Laundry: Washer Hookup, Dryer Hookup
Features
Basement: Crawl Space
Attic: Access Only
Interior area
Total interior livable area: 3,540 sqft
Property
Parking
Parking features: Off Street
Features
Levels: Two
Stories: 2
Patio & porch: Deck
Fencing: Fenced,Partial
Lot
Size: 7,540 Square Feet
Features: Level
Details
Parcel number: N0170191002
Zoning description: R-48
Construction
Type & style
Home type: MultiFamily
Architectural style: Colonial
Property subtype: Quadruplex, Multi Family, Multi Family
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.