Under Contract Listing

UNDER CONTRACT | Quad Located in the Fan District | Multi-Family Investment Near VCU | 4 & 6 South Plum Street
Richmond, VA 23220

$1085000

Multi-Family
Property Type


Units

0.106 AC
Parcel

3,264 SF
GBA

Property Summary

One South Commercial is pleased to present the exclusive listing for 4 & 6 S Plum St. Located in the historic Fan District, this built-as-quad features four spacious 1-bedroom/1-bathroom units with over 800 SF per unit. Residents can enjoy central heat & air, washer/dryer in-unit, dishwasher, and eight off-street parking. The property is separately metered for water and electricity.

On the doorstep of Virginia Commonwealth University, this property will continue to be a high rental demand area for students, professionals, and short-term rentals. Tenants in these apartments are a short distance from numerous restaurants, shops, grocery stores, coffee houses, salons, and so much more. The Fan District also offers proximity to two world-class museums, recreational opportunities, numerous bike lanes, and great access to all points in metro Richmond.

Very few neighborhoods in the country can boast this number of offerings to their residents. Therefore, the demand to 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.

  • Near VCU in the Fan District
  • Eight (8) off-street parking spots
  • Built as quad
  • Separately metered water & electric

PROPERTY DETAILS

Units 4
Parcel ID W0000604018 & W0000604019
Const. Materials Masonry
Zoning Desc. UB
Construction Date 1900
Co-broker Fee Yes


Walkability


Transit

PROPERTY PHOTOS

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