This investment property is primed for potential growth and profitability. Each unit features a spacious two-bedroom, one-bathroom floor plan, complemented by modern amenities such as central air and washer/dryer hookups. Updated kitchens and bathrooms enhance the appeal, while professional management and minor cosmetic upgrades could unlock higher rental income. The property also features a designated paved parking area at the rear, ensuring convenience for tenants. Situated in the thriving Church Hill neighborhood, which is experiencing a renaissance in redevelopment, this undervalued asset presents an exceptional opportunity for investors to capitalize on a growing market.
Welcome to 204 N Mulberry - a wonderful and unique duplex being offered for sale for the first time in over 50 years. This property has been well maintained and provides walkability to many of the prime restaurants and shops that Richmond has to offer including the Virginia Museum of Fine Arts, Carytown, and so much more. Each unit features 2 bedrooms and plenty of living space throughout. The basement includes two large storage areas for each unit as well as separate entrances. One of the biggest highlights of this property is the three separate garages in the rear of the building, perfect for the next owner or for easy rental/income potential. Don't miss your opportunity to own a beautiful home on a highly desirable street in the heart of the Fan! This is a must see!
Rare opportunity for investors or owner-occupants to own a completely renovated duplex with a garage on tree-lined Leonard Parkway in the desirable Near West End. Each unit features a spacious living room, dining room, kitchen with private porch access, two bedrooms, one bathroom, and in-unit washer/dryer. The head-to-toe renovation includes a new roof, kitchens, bathrooms, two heat pumps, ductwork, Pella windows, two water heaters, main water line, washers/dryers, gutters, crawl space insulation and hatch, interior and exterior paint, doors, hardware, upgraded plumbing and electrical, and more! There is a full front porch with a swing and two new large, covered rear porches that lead to the garden enclosed by a new privacy fence. Additionally, there is a divided 2-car garage with individual pedestrian doors, plus separate utilities for each unit. Ideal for generating rental income or living in one unit while renting out the other. Completely turnkey and ready to go—this is an exceptional opportunity in a prime location!
Low maintenance 1 level brick and cinder block detached triplex with a touch of 1950s character nestled on a beautiful block of West Grace St! Incredibly convenient and walkable location experiencing tremendous growth and an exciting future! All units previously renovated in 2017 with new roof in 2023. Thoughtful design with a walk in storage closet separating each unit = no direct shared wall with your neighbor! 3 off street parking spaces. Units are around 500ish sq ft and are near mirror floorplans of each other – open living/kitchen with bar (gas cooking, dishwasher), space for small desk/table, in unit stackable laundry, 1 bedroom, 1 full bath, 2 mini splits per unit. All units are currently leased. Unit 1 is photographed (facing Grace St). All units have a similar mirror floorplan and very similar finishes. Extremely convenient location. Walk to new Baseball Stadium, VCU, Whole Foods, VMFA, Museums, Parks, Scott’s Addition, restaurants, arts, cultures, theaters, the list goes on! Don’t miss this unique opportunity for a low maintenance updated triplex with 1950s character and parking in an incredible location!
FULLY RENOVATED DUPLEX in Richmond's fast appreciating NORTHSIDE. This is a wonderful turnkey investment property with a 7.45% Cap Rate to start your investment portfolio, or add to it. 2023 UPGRADES include; NEW electrical (panel/wiring/outlets), NEW plumbing, NEW HVAC (Lennox units, new ductwork as well), NEW vinyl energy efficient windows, NEW lighting, Fresh paint, NEW doors, Refinished hardwoods, NEW bathrooms, NEW cabinets, NEW granite counters, NEW stainless steel appliances, and more. Beautiful hardwood floors throughout both units. This is a wonderful opportunity for cash flow and long-term capital appreciation.
PRICED BELOW APPRAISAL! All about location: Super convenient to everything RVA. VCU, PBR, Carytown, Maymont, Byrd Park and much more. Fantastic buy & hold investment with long term tenants.
Here is your chance to own a large renovated duplex on the quiet bike boulevard, Floyd Ave. Each unit features 3 bedrooms, generous living rooms, renovated eat in kitchens and renovated tile bathrooms, with 2 baths on the second floor. There is another full bath in the basement with a large family room area, that could be included in the first floor unit. The full basement also includes 2 pair of washer/dryers for both units and tons of storage for the tenants. All utilities are separate with separate boilers, hot water heaters and AC systems. The second floor features a private oversized deck and the first floor has privacy fenced back patio. Recent upgrades include a new AC system for the upstairs 8/24 and recently recoated roof, 11/24. The front patio if perfect for relaxing and enjoying Floyd Ave. walking distance to dozens of restaurants, the museums and Carytown. This property comes with one off street parking space - a nice bonus in the Fan! First floor is currently month to month and the second floor lease goes thru July 27, 2025.
More information and photos will be uploaded prior to 11/11. Showings will begin the week of 11/11 and require 72 hours notice to the tenants.
Mixed use property in the Fan! Discover an exceptional investment opportunity with this mixed-use building zoned R-48, ideally located near the bustling intersection of Boulevard and Broad St. This property features two cozy efficiency apartments, each approximately 380 sqft and currently generating monthly rental income of $1,050 and $1,100. In addition, there is a versatile business office space, formerly a dentist office, spanning around 760 sqft. This area, which consists of six rooms and a half bathroom, offers the potential for conversion into a third apartment, maximizing your rental income. With a convenient rear parking lot accommodating 4-5 vehicles, accessibility is a breeze for both tenants and clients. Don’t miss out on this prime property that combines residential and commercial potential in a sought-after location! 24 hour notice required to show.
*** Seller offering $7,500 Credit*** New construction MULTI-FAMILY in one of the RVA’s most bustling neighborhoods! Wonderful opportunity for investment or as an owner occupant!. Units are located upstairs and downstairs with both floors offering 2 bedrooms and 2 full bathrooms. On the first floor you’ll find a nicely sized bedroom in the front with a walk-in closet and full en-suite Jack & Jill bath that also opens to the hallway. The living room and kitchen combine for an excellent Great Room where you’ll enjoy lots of natural light. The kitchen boats white shaker-style cabinets with soft close/dovetail features, granite counters, SS appliances, pendant lighting, and Island with bar seating. The rear bedroom features a spacious walk-in closet and an en-suite equipped with granite counter vanity and tub/shower with tile surround. Each unit includes its own laundry area. Outdoors you’ll find a large yard and off-street parking. Upstairs you’ll enjoy the same layout and finishes. Trane Heat Pumps, hardwood flooring, Hardiplank Siding, brushed concrete walkway, covered front porch. Both units have separate water and electrical meters!
2700 P Street, a duplex property located in the heart of Richmond's historic Church Hill neighborhood. This historic and charming duplex includes a three bedroom/ two bathroom unit up and a two bedroom/ one bathroom unit down below. Both units include updated kitchen a bathroom finishes with unit A undergoing a recent renovation. Both units include central HVAC and unit B includes its own in unit washer/dryer. Water is separately metered and electricity and gas are currently billed back to the tenants using a RUBs system. This prime corner duplex is a great opportunity for an investor looking to enter the multi-family market or a season investor looking to expand their holdings in the Richmond MSA.
Unique duplex in Barton Heights sitting on an a large corner lot. Unit 1 offers 2000 Square feet of living space with three levels. Walking into the unit you will find a two story foyer with a large staircase. The large family room is open to the recently renovated kitchen. The oversized kitchen features Granite countertops, modern cabinets, and stainless steel appliances. On the second floor you will find two large bedrooms and a recently remodeled full bathroom. The third floor features flex space/office and another full bathroom. Unit 2 offers 1726 finished square feet and has a separate outside entrance. Inside the unit on the first floor you will find a spacious living room, kitchen and a half bathroom. The second floor has 2 nice sized bedrooms each with its own full bathroom. Both units have central air, washer/dryer, and original hardwood flooring. The exterior of the property features a large wrap around front porch and a recently landscaped front and side yard.
This property features four beautifully updated apartments, each with its own utilities, ensuring lower operational costs for investors. Off street parking is also available for added tenant convenience. The renovation includes: • All New Kitchens: Cabinets, Countertops, Appliances • Mini-Split Central Air • Installed Washer/Dryers • All New Bathrooms • Luxury Vinyl Plank Flooring • Rebuilt Front Porch • All New Windows The comprehensive renovation was completed to attract and achieve strong rents. With walkability to a variety of local shops, restaurants, and boutiques, this location ensures consistent rental demand, making it an ideal investment opportunity.
NOW UNDER CONSTRUCTION and scheduled for completion in late October 2024. Conveniently located in historic Manchester near downtown, James River Park System, and new restaurants/breweries. Downstairs unit has 2 Bedrooms and 2 Baths, LVP floors, granite tops. Upstairs unit has 3 Bedrooms, 2.5 Baths, wood floors in living room/kitchen/master bedroom/stairs/hallways, ceramic tile in bathrooms, and granite kitchen countertops. Photos in listing are of a similar duplex.
Nestled in Richmond’s historic Barton Heights neighborhood you will find 602 E Brookland Park Boulevard. This duplex is a standout property in a rapidly evolving area of the city. Across the street from Hotchkiss Park and walking distance from many local shops & restaurants, this property provides residents with a real neighborhood experience. The property features two 2 bedroom/1 bathroom units. Off street parking is available to residents in the rear of the property. The historic Northside of Richmond has seen a recent burst of revitalization. 602 E Brookland Park Boulevard is a unique opportunity for an investor looking to expand their portfolio within Richmond City or enter the market with presence in a classic Richmond neighborhood.
INCREDIBLE OPPORTUNITY for this UNIQUE property in the heart of the Fan! Steps away from Sticky Rice and other classic Fan restaurants and shops! This property is actually TWO PARCELS deeded together -- the main house at 1 N. Stafford and a CARRIAGE HOUSE/STUDIO located at 2330 W. Main St. SOLID RENTAL HISTORY on both units, OR live in the home and rent the carriage house! It's TWO FOR ONE! This 1,374 sq ft classic brick Fan row home features a spacious living room, dining area and kitchen on the first floor, and three bedrooms (one is a trunk room being used as a spacious walk-in closet and dressing room) and full bath (with custom glass tile flooring) upstairs. Wood floors, high ceilings -- ALL THE THINGS! Brand new upper deck! The carriage house/studio apartment provides an additional 364 square feet and is perfect for a home office, guest house, Air BnB, full time rental or studio space. There is a shared courtyard between the house and carriage house, with a locked gate for outdoor entertaining at its best. **This property is one deed with two separate tax parcels, two mailing addresses (1 N. Stafford and 2330 W. Main St) and separate utilities. (tax ID #W0001038031 main house and #W0001038030 studio). Truly an amazing opportunity and a must see!
JUST FINISHED AND NOW READY FOR MOVE-IN! Beautiful NEW CONSTRUCTION. Conveniently located in historic Manchester near downtown, James River Park System, and new restaurants/breweries. Downstairs unit has 2 Bedrooms and 2 Baths, LVP floors, granite tops. Upstairs unit has 3 Bedrooms, 2.5 Baths, wood floors in living room/kitchen/master bedroom/stairs/hallways, ceramic tile in bathrooms, and granite kitchen countertops.
This 14 unit multifamily property features two-bedroom one-bathroom garden-style apartments with spacious living rooms and galley kitchen. Additional amenities include onsite laundry and approximately 10 off-street parking spaces. Located in Richmond’s Northside, the neighborhood has seen a renaissance of single-family redevelopment coupled with the resurgence of commercial retail uses nearby.
8 Unit building, Great Investment Opportunity in a great location close to two universities, VUU and VCU. Renovated 8 years ago, these 8 apartments are individually metered with Wood and tile floors, Granite countertops, dishwashers, Microwave, Washer & Dryers, Central Air and a fenced back yard. 100% Occupancy makes this a great opportunity for an investor. Tenants have been long term tenants, very little turn over.
Richmond is located in Virginia. Richmond, Virginia has a population of 225,676. Richmond is less family-centric than the surrounding county with 19.89% of the households containing married families with children. The county average for households married with children is 19.89%.
The median household income in Richmond, Virginia is $54,795. The median household income for the surrounding county is $54,795 compared to the national median of $69,021. The median age of people living in Richmond is 34.4 years.
The average high temperature in July is 89.7 degrees, with an average low temperature in January of 27.6 degrees. The average rainfall is approximately 44.3 inches per year, with 11 inches of snow per year.