Investor Alert! Welcome to this fully-leased, 4-plex ideally located in the heart of Richmond's historic Church Hill! The 2,700 sf property feature large rooms, open living space, exterior porches on front and rear, lots of natural light-filled spaces, and carpet throughout each unit. The property is currently generating a gross monthly rent of $2,595. With some renovation, pro forma figures for this building rent for $1000-$1100 per unit for a total rent of $4400/month. The building is separately metered and Tenants pay all of their own utilities. All units are 2 bed, 1 bath with a large living room. Newer roof, all brick exterior and thermal windows make this a low maintenance and productive building on day 1. Property is walkable to many of Church Hill's award-winning restaurants, cafes, local eateries and bars! This property is also perfectly positioned to access Downtown, MCV, all amenities that Church Hill, Shockoe Bottom, and Rockett's Landing have to offer and easy access to the interstate!
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