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 |