Description
Here's your chance to own one of a select few multi-family properties in the Glen Allen area situated on a spacious lot! Currently set up as an upper and lower apartment, perfect opportunity for an owner occupant to live in one unit and rent out the other. As it sits, this generates a gross income of $25,224 yearly which is currently under market value compared to similar rental properties in the area. Each unit features two bedrooms, main living area, kitchen, and full bathroom. Plenty of room out front in the circular driveway for parking as well as room to expand the building itself if the new owner chooses to do so. In the time this owner has owned this property, there has never been a vacancy! Always easy to rent quickly. Owner has make a handful of updates inside and out, your opportunity to buy a turn-key income generating property! Schedule a private showing today, this property will not last long! **DO NOT visit property without listing agent approval and accompanied showing scheduled, tenants currently living in property and require advance notice for showings!**
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0BEDS
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0.65ACRES
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0BATHS
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01/2 BATHS
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1,440SQFT
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$240$/SQFT
School Information
Description
Here's your chance to own one of a select few multi-family properties in the Glen Allen area situated on a spacious lot! Currently set up as an upper and lower apartment, perfect opportunity for an owner occupant to live in one unit and rent out the other. As it sits, this generates a gross income of $25,224 yearly which is currently under market value compared to similar rental properties in the area. Each unit features two bedrooms, main living area, kitchen, and full bathroom. Plenty of room out front in the circular driveway for parking as well as room to expand the building itself if the new owner chooses to do so. In the time this owner has owned this property, there has never been a vacancy! Always easy to rent quickly. Owner has make a handful of updates inside and out, your opportunity to buy a turn-key income generating property! Schedule a private showing today, this property will not last long! **DO NOT visit property without listing agent approval and accompanied showing scheduled, tenants currently living in property and require advance notice for showings!**
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-12-12T16:57:30.95.