Listing

Richmond Single Family Portfolio - 17 Homes | 2411 Gordon Lane
Richmond, VA 23223

$2890000

Multi-Family, Single Family Portfolio
Property Type

17 
Units

5.62 AC
Parcel

16,238 SF
GBA

Property Summary

One South Commercial is pleased to offer the exclusive listing of 17 single family homes in the East End of Henrico County & Richmond City. This rare opportunity features a robust package of homes with long term residents. The portfolio has significant upside as rents in the Richmond Metro have been on the rise and for sale single family homes are in short supply.

Richmond has experienced one of the highest rent increases in the nation, specifically the East End  is incredibly strong with virtually no vacancy. Totaling over 16,000 square feet and nearly 40 bedrooms, the properties have been owner-operated and maintained with care. This portfolio is ideal for investors seeking long term appreciation and cash flow. It is also well suited for single family home flippers looking to renovate and sell individually.

  • 100% Occupied – Below Market Rents
  • 39 BD/ 18 BA
  • 16,238 SF
  • Rental Upside
  • 17 Homes Must Be Sold Together

PROPERTY DETAILS

Units 17
Const. Materials Wood & Masonry
Zoning Desc. R-4, R-3, B-2, A-1
Construction Date 1950
Co-broker Fee Yes

0
Walkability

0
Transit

PROPERTY PHOTOS

PROPERTY LOCATION

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