Charming Historic Brick Quadplex
2203 West Cary Street Richmond Virginia 23220
$1,150,000
One South Commercial is pleased to present 2201 W Cary Street, a charming historic brick quadplex in a prime Richmond location. This well-maintained property features two 1-bedroom apartments and two 2-bedroom apartments, all separately metered for utilities, ensuring residents cover their own costs. Steeped in character, the property boasts original hardwood floors, a spacious front porch, and timeless architectural details. Located in a highly desirable neighborhood, it offers significant rental upside potential, with current rents below market value—presenting an excellent opportunity for increased returns at lease renewal. Just a short walk to Carytown, Richmond’s premier boutique shopping district, and with easy access to public transportation, this property is perfectly positioned for both investors and future tenants. Don’t miss this outstanding investment opportunity in one of Richmond’s most sought-after areas!
Justin is a seasoned commercial real estate expert with over 15 years worth of experience. Having a widespread knowledge of the Richmond real estate market, Justin is comfortable handling many types of transactions, but his primary practice areas are multifamily and investment sales. Justin possesses a commanding knowledge of Richmond’s rental market, providing his clients with in-depth analysis of the competitive landscape and value-added solutions. Justin is a Richmond native and a graduate of Virginia Commonwealth University.
Tom Rosman has been brokering investment real estate since the early 1990’s in the Richmond, VA, metro area. He has brought hundreds of transactions to a successful conclusion, including large apartment complexes, apartment buildings in historic neighborhoods, office buildings, retail properties, mixed use buildings, and numerous historic adaptive reuse properties.
Tom was one of the first brokers to recognize the transformative changes occurring in many of Richmond’s most architecturally significant but ignored neighborhoods. Having helped place many of the warehouses and other commercial structures in the hands of Richmond’s development community, Tom’s belief in what a property should be was never compromised by the condition it was in.
DISCLAIMER: This offering memorandum is intended as a reference for prospective purchasers in the evaluation of the property and its suitability for investment. Neither One South Commercial nor Seller make any representations or warranties with respect to the accuracy or completeness of the materials contained in the offering memorandum. Prospective purchasers should evaluate the property independently and rely solely on such independent evaluation in determining whether to purchase the property. The offering memorandum, pricing, and terms therein are subject to change or withdrawal at the discretion of Seller and One South Commercial, as Seller’s exclusive representative. *Information provided deemed reliable but not guaranteed
