3518 E Richmond Road #U3, Richmond, VA 23223 (MLS # 2604638)

Price $125,000
Status Active
Beds 2
Baths 1 Bath
Home size 760 sqft
Lot Size 741 sqft
Days on Market 8
Income-producing townhomes in Richmond's established east-end corridor. Six 2-bedroom, 1-bath units available with strong rental history and five are currently tenant occupied, offering immediate and stable cash flow. Units 14, 12, 3 and 15 have been renovated with updated kitchens, LVP flooring, and modern finishes. Remaining units are well maintained and currently performing. Washer/dryer connections in each unit. Tenants pay utilities. Select units include Housing Choice Voucher tenants with consistent payment history. UNIT 3 available for showings; others occupied. Opportunity to purchase individually or together. Well positioned near downtown Richmond, Church Hill, and major commuter routes with continued growth and rental demand. Invited to contact lender with any financing questions.
Property Type(s): Condo/Townhouse/Co-Op
Last Updated 3/4/2026 Tract Villas Of Oakwood South
Year Built 1966 Community 10 - Richmond
County Richmond City

SCHOOLS

Elementary School Chimborazo
Jr. High School Martin Luther King Jr.
High School Armstrong

Additional Details

AIR Ceiling Fan(s), Central Air
AIR CONDITIONING Yes
AMENITIES Maintenance Grounds, Maintenance Structure, Snow Removal, Trash
APPLIANCES Electric Water Heater, Water Heater
AREA 10 - Richmond
CONSTRUCTION Brick, Vinyl Siding
HEAT Electric, Heat Pump
INTERIOR Ceiling Fan(s), Laminate Counters
LOT 741 sq ft
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
STYLE Two Story
SUBDIVISION Villas Of Oakwood South
TAXES 1224
WATER Public
ZONING R-53

Location

 

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Listed with EXP Realty LLC

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Last Updated: 3/10/26 11:22 PM PDT

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