Rare Renovation Opportunity | 3 Contiguous Duplexes
Property Summary
This is a rare opportunity to acquire three contiguous duplexes just steps from Scott’s Addition.
Each two story duplex features 1,758 square feet of finished living area. All units are either vacant or are on month-to-month leases, making this ripe for renovation.
Located in the Museum District, which features historic homes, 2 world class museums, recreational opportunities, numerous bike lanes, and great access to all points in Metro Richmond. Tenants in these apartments can walk to 50 or so restaurants, 3 large grocery stores, and numerous coffee houses, bars, clothing & furniture stores, salons etc. Very few neighborhoods in the country can boast this amount of offerings to their residents. Therefore, the demand to renovate and rent these types of units far exceeds supply, affording the buyer a very stable investment with a continuous upside as the values in the area have marched relentlessly forward.
This listing is comprised of three (3) duplexes. Adjacent parking lot not included for either option.*
PROPERTY DETAILS
| Units | 6 |
|---|---|
| Parcel ID | W0001524040, W0001524039, & W0001524038 |
| Const. Materials | Brick |
| Zoning Desc. | R-02 |
| Construction Date | 1965 |
| Co-broker Fee | Yes |