USAVARichmond1112 Sumpter St
1112 Sumpter St., Richmond, VA. 23220 | Image 1
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$1,200,000

1112 Sumpter St, Richmond, VA

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 1
Approx. Age 2014
MLS® Number 2521712

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

RVA 5 Property Turnkey Rental Portfolio For Sale. Portfolio Overview - Total Properties: 5 single-family homes - Locations: 4 homes on Richmond’s Southside, 1 in Randolph near Maymont - Bedrooms: Four 3-bedrooms, One 4-bedroom - Monthly Rental Income: ~$8, 000 (with potential for growth) - Condition: Well-maintained, professionally managed Appeal: Ideal for turnkey investors or flippers (minimal cosmetic updates needed) Included Properties - 1112 Sumpter St., Richmond, VA. 23220, 4-beds, 2-baths, 1577 sq ft., Rent: $2, 099.00 - 5244 Germain Rd., Richmond, VA. 23224, 3-beds, 1-bath, 1020 sq ft., Rent: $1, 350.00 - 606 W 49th St., Richmond, VA. 23225, 3-beds, 1-bath, 984 sq ft., Rent: $1, 599.00 - 1100 Evergreen Ave., Richmond, VA. 23224, 3-beds, 1-bath, 1058 sq ft., Rent: $1, 450.00 - 2036 Kimrod Rd., Richmond, VA. 23224, 3-beds, 1-bath, 1096 sq ft., Rent: $1, 350.00 These homes are all tenant-occupied and generating consistent income. The seller notes that while some cosmetic wear is expected due to rentals, the homes are in good shape and could be sold retail with minimal effort once tenants cycle out. Investment Highlights: - Turnkey Ready: Immediate cash flow with existing tenants - Flip Potential: Light cosmetic updates could yield retail resale - Stable Income: ~$96, 000 annually - Growth Opportunity: Potential to raise rents or improve value If you are ready to scale up your rental portfolio with quality, turnkey, rented properties, then take a look at these.Show Description
MLS® Number2521712
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorOther
GarageNo
Approx. Age2014
Stories1
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatHeat Pump
A/C
Heating Fuel

Extras

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