..this is one fully rented hot renovated complex. Who wants to climb steps...you can park right in front.....14 renovated one level efficiency units..perfect for older people without any steps..fully leased with NOI at $75,000 per year. There are 2 extra units that are being used as an office. Low maintenance cost. Currently managed by owner. This is the last and best of his portfolio..call scott
Unique building mixed retail with residential style property for sale in Downtown Richmond! This property features a rental/commercial office along with 3 separate apartments
Triplex: One 3BR/2BA -- recently remodeled with new granite countertops, new appliances, new HVAC, and new cabinets Two 1BR/1BA -- Potential unit upgrades to increase rental income
Restaurant/Retail/Office space downstairs. 2 Apartments upstairs.
Fantastic QUAD for sale in the City. This just might be the property you have been searching for. Up for sale is an all brick QUAD. This QUAD was renovated on 2009, and has been a great rental property for years. Featuring all 2 bedroom units, with large kitchen and nook, bathroom, living room and 2 bedrooms each, HVAC units and plenty of off-street parking. This is a Positive Cash Flow, Turn Key Rental Property, that is 100% rented. The tenants pay the utilities and owner pays for water, sewer and trash, and maintenance. Units rent for $650 each. This property represents a 10% CAP rate or better. Owner wants to sell. This WILL NOT LAST LONG. Better call NOW.
Built in 1909 at the corner of 10th and Main Street, American Heritage Place became Richmond' s first skyscraper. In 2005, Genesis Properties renovated the property into luxury apartment homes. The 12-story building now boasts twenty commercial units on the lower floors and 57 market rate apartments on the upper floors. The prime location and high quality units of this property allow for premium rents that offer buyers an opportunity to invest toward a stable cash-flowing asset long term.
Renovation Opportunity near Bon Secours 4-block Expansion Project and Walgreens at corner of this 5,192sf Brick Storefront - qualifies for Historic and Enterprise tax Credits and Tax Abatement- Features Rubber Roof, New HVAC, plumbing, electrical on 1st floor, 2nd floor needs total rehab but has part exposed brick walls, large windows and hardwood floors. Within Richmond's First Better Block project boundaries, designed to transform 2-blocks into a walkable, bikeable, vibrant place for people to gather, shop, eat, and socialize - creating need for upscale apartments and retail business. USA Today recently ranked Church Hill in the Top 10 Up and Coming Neighborhoods in the U.S.
Great Investment Opportunity. 16, 1 bedroom & 1 bath units
GREAT INVESTMENT OPPORTUNITY. Includes: 313, 315, 317, 319 Goshen Street - 4 townhouses and a total of 12 bedrooms. Each unit has 3 bedrooms & 2 full baths. Totally renovated approximately 12 years ago. New plumbing, mechanical & electrical. Each unit includes washer/dryer, central air and heat. All brick buildings with every two houses attached. Projected rent per unit is $1500/month.
64 unit apartment complex located in Richmond, Virginia, 8 brick buildings with 8 units per building, All 2 bedroom, 1 bath, $495/month with potential to increase, Gas and electric separately metered; water included in rent, Located off I-64 East off Mechanicsville Turnpike. Extensive renovations over last several years. 7 of 8 roofs replaced (remaining in good condition). Nearly 100% of windows replaced. LED outdoor lighting installed. Extensive repairs to rear staircases. Enhanced electrical panels. New appliances in many units.