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1701 3rd Avenue

Richmond, VA 23222
  • $8,000,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 2327462
UPDATED: 69 min ago
$8,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2019
County:

School Ratings & Info

Description

Welcome to a unique investment opportunity across the Richmond metro area. This mixed-use real estate portfolio comprises a total of 21 properties, featuring 31 units that seamlessly blend commercial and residential spaces including commercial pads: 12 Single Family (2 new construction) 2 Quadplexes, 2 Duplexes, 1 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 and diversification. Historically high occupancy rates and steady rental 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.

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Central Virginia Regional MLS logo 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 © 2023 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: 2023-12-11T09:57:31.863.
www.kevincurriegroup.com/homes/145149132
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1701 3rd Avenue Richmond, VA 23222

  • Price: $8,000,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 69 min ago
  • MLS #: 2327462
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2019
Built
Neighborhood:
30 - Richmond
County:
Richmond City
Area:
30 - Richmond
Property Description
Welcome to a unique investment opportunity across the Richmond metro area. This mixed-use real estate portfolio comprises a total of 21 properties, featuring 31 units that seamlessly blend commercial and residential spaces including commercial pads: 12 Single Family (2 new construction) 2 Quadplexes, 2 Duplexes, 1 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 and diversification. Historically high occupancy rates and steady rental 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.
Exterior Features

Levels Two

Interior Features

Basement YN No Building Area Total 36609 Rooms Total 9

Property Features

Buyer Agency Compensation 2.50 Lease Considered YN No Property Condition Good Condition Sewer Public Sewer Water Source Public

Central Virginia Regional MLS logo Listing provided by Liz Moore & Associates: 804-594-5870. Listing information © 2023 CVRMLS and CBRAR.


Central Virginia Regional MLS logo 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 © 2023 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: 2023-12-11T09:57:31.863.
 
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Kevin Currie Group | Hometown Realty
3027 W. Cary St.
Richmond VA, 23221