Exceptional investment opportunity for an ambitious househacker or a savvy buy-and-hold investor. After undergoing a full gut renovation in 2020, this property has been a stable income-producer in a growing pocket of Richmond. Three units are occupied by reliable tenants on long-term leases, while the 4th unit is month-to-month, giving the incoming owner flexibility to approach the property in a way that best fits their own strategy. With a highly-capable and attentive property manager already in place and willing to stay on, and a rent roll over $5,000 per month, this property can be as turnkey as you would like it to be.
Listed By
Agency Name: EXP Realty, LLC
Shown By
Agent Name: Michael Kane
Agent Phone: (804) 551-1920
Agency Title: Kane Company Realty
Estimated Payment
$ 1,776.92 per month $1,312.86 Principal & Interest $292.00 Property Tax $172.05 Homeowner's InsuranceLicensed Real Estate Firm and Agents in the Commonwealth of Virginia.
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4915 Chamberlayne Avenue | MLS# 2618150
This multi-family property located at 4915 Chamberlayne Avenue , Richmond, VA 23227 is currently listed for sale with an asking price of $589,900. Search Richmond real estate on michaelkane.kanecompanyrealty.com today.