100 N Lombardy Street, Richmond, VA 23220 (MLS # 2327462)

Price $2,857,100
Status Active
Size 36,609 sqft
Lot Size n/a
Days on Market 198
Welcome to a unique investment opportunity across the Richmond metro area. This mixed-use real estate portfolio (originally 21 properties) is now a total of 5 properties, featuring 7 rental units. 4 Single Family and one mixed use (Laundromat w/ attached Triplex). This portfolio is a strategic investment that offers both immediate rental income and significant long-term potential providing multiple revenue streams. Historically high occupancy rates and steady rental and retail income make this portfolio a reliable cash flow generator. These properties have room for appreciation, allowing investors to capture additional value over time through property improvements and rent increases. Don't miss out on this exceptional investment opportunity and secure your place in Richmond's thriving real estate market. Properties can be sold individually, in groups or all together.
Property Type(s): Commercial
Last Updated 3/5/2024 Year Built 0
Community 30 - Richmond County Richmond City

Price History

Prior to Jan 25, '24 $8,000,000
Jan 25, '24 - Feb 4, '24 $3,785,000
Feb 4, '24 - Mar 5, '24 $3,486,000
Mar 5, '24 - Today $2,857,100

Additional Details

AREA 30 - Richmond
BUYER'S BROKERAGE COMPENSATION 2.50
SEWER Public Sewer
STORIES 2
WATER Public

Location

 

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Listed with Liz Moore & Associates

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Last Updated: 4/27/24 10:04 AM PDT

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