Average square foot calculated using Size range provided by listing agent.
Description
Exceptional investment opportunity in Richmond offering $96, 000 gross annual income! This fully renovated 4-unit property is not only turnkey, but also delivers the highest rental rate per unit among all quadplex sales in the Downtown Richmond area. With long-term tenants in place and quality upgrades throughout, this asset offers immediate cash flow and minimal ongoing responsibilities. Each unit is on a 3-year lease generating a combined annual gross rent of $96, 000—a strong return with no property management needed and virtually zero maintenance. Whether you're a seasoned investor or looking to enter the multifamily market, this property offers stability, performance, and peace of mind—all with top-tier rental income already secured. 618 N 32nd Also for sale with identical offering and prefered to sell together. Also offered with the sale is 3108 E Leigh St Rear for parking with the ability to add paid parking for neighboring tenants!Show Description
MLS® Number2525788
Laundry LevelWasher Hookup
Central VacNo
FireplaceNo
Acreage0.0632
Exterior
GarageNo
Approx. Age1925
BasementCrawl Space
DrivewayAlley Access, Parking Lot
Garage Spaces
Heat
A/C
Heating Fuel
Extras
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