MichaelKane
BEDS0
BATHS
SQUARE FEET5,262
MLS#2622047
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
Property Description
Built in 2024, 1422 Bainbridge is a beautifully built quadplex consisting of all 2 Bed/2 Bath units. With average rents sitting at $2,149/month plus an additional $90/month in utility reimbursements, the property gives investors a strong day 1 cash on cash return whether as a pure investment or a house hacking opportunity. The property contains natural wood flooring throughout, 9 foot ceilings with tons of natural light, off street parking, as well as three out of the four units having walk out balconies. At an average of 898 sq ft., these oversized units are well above the average size throughout Manchester. Lastly, the property boasts incredible walkability in the heart of Manchester. Whether it's a walk across the street to the newly opened bakery, Le Petit Morceau or a 12 minute bike ride to downtown Richmond's new Costar headquarters, it is perfectly situated for the young professional demographic.
Property Features
Property Type: Multi Unit - Multiple
Home Style: Custom
Lot Size: 0.11 Acres
Roof Type: Other
Stories: 3.0
Taxes: $11,520
Year Built: 2024
Feature Descriptions
Days on Site: 21
Exterior: HardiPlank Type, Wood Siding
Fencing: None
Parcel#: S000-0153-004
Sewer: Public Sewer
Units: 4
Water: Public
Local Schools
High School: Armstrong
Middle School: Dogwood
Elementary School: Blackwell
Listed By / Shown By
Listed By
Agency Name: Providence Hill Real Estate
Shown By
Agent Name: Michael Kane
Agent Phone: (804) 551-1920
Agency Title: Kane Company Realty
Estimate Your Payment
Estimated Payment
$ 4,232.40 per month $2,893.24 Principal & Interest $960.00 Property Tax $379.17 Homeowner's InsuranceChange Payment Information
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1422 Bainbridge Street | MLS# 2622047
This multi-family property located at 1422 Bainbridge Street, Richmond, VA 23224 is currently listed for sale with an asking price of $1,300,000. Search Richmond real estate on michaelkane.kanecompanyrealty.com today.