Richmond Apartment Buildings for Sale

Property Photo 16 photos
16 photos

919 W Grace Street

919 W Grace Street, Richmond, VA 23220

9,000 SF$1,748,000

Multi-Family

Perfect location. Perfect size. Perfect investment. Fully rented cash machine with virtually no vacancy. Fully leased thru spring/summer 2015. Total renovation completed in 2009. Conveniently located on the campus of VCU with outstanding finishes and features. Granite countertops, stainless steel appliances, secure access, huge windows, high ceilings, hardwood floors, historic detail that is unmatched in any building in the neighborhood. This property now includes 8 apartments totaling 20 bedrooms, 2 office studios and 5 off street parking spaces.

Property Photo 16 photos
16 photos

3850 Guilder Lane

3850 Guilder Lane, Richmond, VA 23234

115,104 SFPrice Upon Req.

Multi-Family

116-Unit Multifamily Community For Sale

Property Photo 4 photos
4 photos

1731 E Main Street

1731 E Main Street, Richmond, VA 23223

15,079 SF$2,400,000

Multi-Family

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.

Property Photo 8 photos
8 photos

613 Brook Road

613 Brook Road, Richmond, VA 23220

14,000 SF$2,380,000

Multi-Family

Extremely strong rental history in the VCU submarket 100% occupied cash machine with leases thru spring/summer 2015 Walking distance to VCU's Monroe Park Campus Total renovation in 2008 Environmentally friendly features make this an attractive options for students Owner pays for water/sewer/trash/internet/cable 18 off street parking spaces plus ample on-street parking with no restrictions Tax abatement in place until 2018 New rent roll beginning on 8/1/14 shows a 2.8% increase in gross rents over 2013 financials with no expected change in expenses Property is for sale by owner

Property Photo 5 photos
5 photos

219 E Grace Street

219 E Grace Street, Richmond, VA 23219

2,923 SF$275,000

Multi-Family

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

Property Photo 14 photos
14 photos

4907 Chamberlayne Avenue

4907 Chamberlayne Avenue, Richmond, VA 23227

3,616 SF$224,500

Multi-Family

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.

Property Photo 14 photos
14 photos

3914 Chamberlayne Avenue

3914 Chamberlayne Avenue, Richmond, VA 23227

8,960 SF$900,000

Multi-Family

Welcome to the Roanoke Building. The Roanoke is a 20 unit Apartment complex located on Chamberlayne Avenue in Richmond, Virginia. The property consists of 20, one bedroom units. The building has a shingled roof and vinyl siding making this a very low maintenance property. The units rent for $535.00 each, and tenants pay for their own electric. The owner will pay for water, sewer and trash. There is a very small lawn care footprint in front of the building, with the rest of the land covered by a parking lot. The units are heated and cooled with HVAC units, electric. The units have a living room, kitchen, bathroom and bedroom. The Roanoke building is located within minutes of Downtown Richmond, and 3 local colleges, MCV, VCU and VUU. Chamberlayne Avenue is on the Bus line, and within minutes of shopping, restaurants, laundry and major transportation routes. If you are looking for a Low Maintenance, Positive Cash flow Multi-family Apartment, then you will want to take a look at The Roanoke building.

Property Photo 17 photos
17 photos

3814 Chamberlayne Avenue

3814 Chamberlayne Avenue, Richmond, VA 23227

8,904 SF$900,000

Multi-Family

Welcome to the Petersburg Building. The Petersburg is a 20 unit Apartment complex located on Chamberlayne Avenue in Richmond, Virginia. The property consists of 20, one bedroom units. The building has a shingled roof and vinyl siding making this a very low maintenance property. The units rent for $535.00 each, and tenants pay for their own electric. The owner will pay for water, sewer and trash. There is a very small lawn care footprint in front of the building, with the rest of the land covered by a parking lot. The units are heated and cooled with HVAC units, electric. The units have a living room, kitchen, bathroom and bedroom. The Petersburg building is located within minutes of Downtown Richmond, and 3 local colleges, MCV, VCU and VUU. Chamberlayne Avenue is on the Bus line, and within minutes of shopping, restaurants, laundry and major transportation routes. If you are looking for a Low Maintenance, Positive Cash flow Multi-family Apartment, then you will want to take a look at The Petersburg building.

Property Photo 5 photos
5 photos

101 W Jackson Street

101 W Jackson Street, Richmond, VA 23220

4,108 SF$548,500

Multi-Family

All brick construction two story apartment building. 2-2bdrms, 2-1bdrms and 2-Efficiancies. Very well maintained. Central coin laundry and mailbox area. Building has fire suppression system installed.

Property Photo 6 photos
6 photos

200 E Main Street

200 E Main Street, Richmond, VA 23219

3,600 SF$495,000

Multi-Family

200 East Main is a three story 4 unit property. 100% LEASED! A restaurant is on the Main Street retail 1st floor with basement storage, two large one bedroom apartments are on the 2nd and 3rd floors and a separate two story studio apartment/retail is located at the rear labeled as 1 N. 2nd Street. this 1910 building is all brick with replacement windows and is in reasonably good condition. Building is directly beside the Suntrust Bank

Richmond Apartment Buildings for Sale

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