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
Portfolio of 4 historic low rise Richmond, VA multifamily buildings above popular restaurants in a strategic corner and in great condition, offered for purchase as a package for investment and/or redevelopment. The total portfolio consists of 3 buildings with 8 apartments and 3 restaurants plus 1 single story retail building. 1731 E. Main has 3 apartments and a famous pizza restaurant; 1729/1727 has 4 apartments also with a restaurant: 1725 has 1 apartment above a sushi restaurant and the single story retail building is 4/8 South 18th Street. A solid ROI is offered to purchasers who wish to take advantage of the current high cash flow due to the high residential rental demand with hardly any vacancies. Redevelopment will no doubt enhance the financials.
The Perry Place Apartments are located in the thriving Manchester Area of Richmond, VA. Built in circa 1912 the property was originally used as a cargo warehouse for The Southern Railways Company. The Hamilton Paper Corporation bought the building in 1950 and used the property as a warehouse for paper products. The current owners redeveloped the property in 2004, using Federal and State historic tax credits.
Group home, fully licensed for 20 client facility, great income and long term tenants, stable income history. Building in good condition - turn key. Annual gross income $240,000.
One South Commercial is pleased to present this 18 one bedroom/one bath apartment complex to the market. Each unit consists of living room, eat-in kitchen, bedroom and bath. Building Information Property Use Apartments/Multi-Family Zoning R-53 Residential (Multi-Family) Year Built 1974 Neighborhood Beaufont Hills Acreage 1.4 acres Heating/Air Wall 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.
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.
One South Commercial is pleased to present an adaptive re-use development opportunity in Richmond' s Monroe Ward. The former St. Alban' s Hall was originally a Masonic Hall and was built in 1869. It sits on the superb corner of 3rd & E. Main Street offering a great location. The property is in a Historic District and can be eligible for Federal and State Rehabilitation Historic Tax Credits. The property is zoned B-4 which is favorable to multi-family conversions. It has four balconies which will be available as apartment features. The windows have been replaced by the owner. The 2nd and 3rd floors have high ceilings, giving the building a loft style feel.
Great Investment Opportunity. 16, 1 bedroom & 1 bath units
Part of an investment package: 8 buildings consisting of 15 units, 2 quads, 1 duplex, 5 single family @ $1,150,000. Perfect for investors, developers & contractors to capture a large upside. The properties need renovation and some may be eligible for Historic Tax Credits.