FOR SALE | 1303-05 N 32nd St, Richmond, VA 23223

$450,000
Price

Multi-Family
Property Type


Units

0.1 AC
Parcel

2,604 SF
GBA

Active Listing

About This Property

Located in Richmond’s Church Hill North neighborhood, this quad features traditional construction and architecture from the early 1900’s. The building features four units with individual entrances to each unit from the exterior. A full-width porch fronts the building along N 32nd Street, and a large yard with a parking area is available at the back of the property for the uses of the tenants.

Each of the four apartments is configured as a 1bed/1bath unit and has been consistently fully occupied. Recent improvements to the building include new exterior paint, front porch roof repairs, and back stairs repair. All four units also feature newly installed HVAC mini split systems. In addition, one of the units was completely gutted and recently fully renovated.

Richmond’s east end rental market, and especially Church Hill North, is quickly growing due to new construction and rising demand. Primed to take advantage of this growth, this fully occupied quad and the resulting consistent revenue make this listing a great investment opportunity in this emerging neighborhood.

Additional Information

55
Walkability

39
Transit

Units 4
Parcel ID E0000801013
Road Frontage N 32nd St
Zoning Desc. R-6 Residential
Construction Date 1915
Renovation Date 2020
Co-broker Fee Yes

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