UNDER CONTRACT | 2211 3rd Ave Richmond, VA 23222

$229,000
Price

Multi-Family
Property Type


Units

0.15 AC
Parcel

1,971 SF
GBA

Under Contract Listing

About This Property

ONE SOUTH COMMERCIAL is pleased to present this great opportunity for owner/occupants and investors alike. This duplex is fully leased and features two different floor plans. Unit A is a two bedroom/one bath ground level apartment and currently rents for $695. Unit B is a three bedroom/one bath apartment on the second level and currently rents for $795. Both units are on twelve-month leases.

The property is separately metered for electricity and tenants are responsible for payment. Water for both units is included in the rent through one water meter. Washer/Dryer is also provided onsite and is shared between the two apartments. Additionally, convenient off-street parking is available at the rear of the property.

The Northside rental market is quickly growing due to new construction and rising demand. Primed to take advantage of this growth, the currently low rental rates of this duplex make this listing a great value-added opportunity in this emerging neighborhood.

Additional Information

0
Walkability

0
Transit

Leasable Area 1971 sq. ft.
Units 2
Parcel ID N0000561013
Zoning Desc. R-6 Residential
Construction Date 1920
Renovation Date 2020
Co-broker Fee Yes

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