One South Commercial is pleased to present 2413 Lamb Ave, a built-as quadplex investment opportunity.
Richmond’s historic Barton Heights neighborhood is home to 2413 Lamb Ave. This renovated quadplex is a standout property in a rapidly evolving area of the city. Just blocks away from Battery Park and many local shops and restaurants, this property provides residents with a real neighborhood experience.
The property features two 1 bedroom/ 1 bathroom units, a 3 bedroom/ 2 bathroom unit, one 3 bedroom/ 1 bathroom unit and was fully renovated in the mid 2000s. Each of the units contain central air, washer/dryer, and updated finishes. The tenants enjoy private walk up entrances, ample off street parking as well as a sizable secluded lot with large amounts of usable outdoor space. Currently the property is rented at below market rental rates with the potential for considerable increases for all four units.
The historic Northside of Richmond has seen a recent burst of revitalization. 2413 Lamb Ave is a prime opportunity for an investor looking to expand their portfolio within Richmond City or enter the market with presence in a classic Richmond neighborhood.