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37 Labrook Drive

Richmond, VA 23225
  • $2,250,000
  • STATUS: Active
  • ON SITE: 313 Days
  • MLS #: 2309322
UPDATED: 50 min ago
$2,250,000
  • 0
    BEDS
  • 144
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1974
County:

School Ratings & Info

Description

This well-maintained multifamily property boasts 18 one-bedroom apartments, offering residents comfortable living spaces and easy access to all the amenities they need. Five of the units have been recently renovated, with premium finishes and modern appliances throughout. These units command a market rent of $975 per month, making them an excellent investment for discerning buyers. Meanwhile, the remaining units are currently marketed at $850 a month, with potential for rent increases with renovation. All of the units at the property feature mini-split heating and cooling systems, ensuring optimal comfort year-round. One of the key benefits of 37 Labrook Drive is its ample on-site parking, providing residents with convenience of private parking at no additional cost. The property is also situated in a prime location, with easy access to public transportation and a host of employers in the surrounding area. This makes it an ideal choice for residents looking for affordable housing. With a proven track record of strong rental demand, prime location and modern amenities, this property offers exceptional investment opportunity in Richmond, VA.

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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 © 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: 2024-02-28T10:57:21.147.
www.kevincurriegroup.com/homes/138751252
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37 Labrook Drive Richmond, VA 23225

  • Price: $2,250,000
  • Status: Active
  • On Site: 313 Days
  • Updated: 50 min ago
  • MLS #: 2309322
0
Beds
0
Baths
0
½ Baths
144
Acres
1974
Built
Neighborhood:
60 - Richmond
County:
Richmond City
Area:
60 - Richmond
Property Description
This well-maintained multifamily property boasts 18 one-bedroom apartments, offering residents comfortable living spaces and easy access to all the amenities they need. Five of the units have been recently renovated, with premium finishes and modern appliances throughout. These units command a market rent of $975 per month, making them an excellent investment for discerning buyers. Meanwhile, the remaining units are currently marketed at $850 a month, with potential for rent increases with renovation. All of the units at the property feature mini-split heating and cooling systems, ensuring optimal comfort year-round. One of the key benefits of 37 Labrook Drive is its ample on-site parking, providing residents with convenience of private parking at no additional cost. The property is also situated in a prime location, with easy access to public transportation and a host of employers in the surrounding area. This makes it an ideal choice for residents looking for affordable housing. With a proven track record of strong rental demand, prime location and modern amenities, this property offers exceptional investment opportunity in Richmond, VA.
Exterior Features

Construction Materials Brick Levels Two Lot Features Level Road Frontage Type City Street Roof Built Up Topography Level

Interior Features

Basement YN No Building Area Total 9476 Heating Individual Wall Furnace Rooms Total 18

Property Features

Buyer Agency Compensation 2.00 Lease Considered YN No Property Condition Average Condition Sewer Public Sewer Tax Lot 1 Water Source Public

Central Virginia Regional MLS logo Listing provided by One South Realty Group, LLC: (804) 353-0009. Listing information © 2024 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 © 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: 2024-02-28T10:57:21.147.
 
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Kevin Currie Group | Hometown Realty
3027 W. Cary St.
Richmond VA, 23221