AMAZING INVESTMENT OPPORTUNITY IN THE HEART OF THE FAN DISTRICT. Just steps from VCU, this updated 4 UNIT property spans 4,878 sqft and features a total of 11 bedrooms and 8 bedrooms. The building has been fully renovated with modern systems: central air/heat pumps, updated plumbing and electric, sprinkler system, fire alarm monitoring, double-paned windows, in-unit laundry, and a metal roof. The property is fully leased and generates a strong monthly income of $9,835 and has been owned for 19 years with 100% occupancy. With high rental demand, and its unbeatable location near VCU, downtown, and major highways, this is a prime opportunity for investors or owner-occupants seeking both immediate cash flow and long-term appreciation. With no rent increases this year, there is strong upside potential for rent growth. Don't miss out on this rare opportunity to acquire a turn-key, cash-flowing asset in one of Richmond's most desirable neighborhoods conveniently located steps from all of the amenities the FAN has to offer.

Last Updated	9/15/2025	Tract	None
Year Built	1910	Community	10 - Richmond
County	Richmond City

SCHOOLS

Elementary School	Fox
Jr. High School	Dogwood
High School	Thomas Jefferson

Additional Details

AIR	Ceiling Fan(s)
AIR CONDITIONING	Yes
APPLIANCES	Electric Water Heater, Washer/Dryer Stacked
AREA	10 - Richmond
BASEMENT	Finished, Full, Yes
CONSTRUCTION	Brick
INTERIOR	Ceiling Fan(s), Double Vanity, Eat-in Kitchen, High Ceilings, High Speed Internet, Kitchen Island, Recessed Lighting, Tile Counters, Wired for Data
LOT	2657 sq ft
SEWER	Public Sewer
STORIES	Three Or More, Multi/Split
STYLE	Tri Level
SUBDIVISION	None
TAXES	13164
UTILITIES	Cable Available
WATER	Public
ZONING	R-6

Location

 

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