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Overby-sheppardElementary School
Martin Luther King Jr.Middle School
ArmstrongHigh School
Description
Cash-flowing Investment Property. This 4 unit is a rare opportunity to add to your portfolio. Stay in one unit and rent out the other three or rent all four units. Featuring three units with two beds and one studio apartment that could be an Air BNB or converted to a one bed. Unit 2 downstairs has been completely renovated with new flooring, vanities, appliances, and fresh paint. It's 1100 sq ft with 2 beds and 2 full baths. Being the biggest in the building could easily rent for 1,300 a month according to others in the area. Current monthly income is $2,500 per month for the other 3 units. However, the rent could easily be increased with some minor touch-ups. NEW Fence around the property and a nice-sized lot make this property a great investment. Driveway to the left of house as well as couple spots from back alley give you plenty of parking. This property has the potential to produce at least 4,000 a month in rent. Don't miss out on this incredible opportunity.
Similar Listings
7 Beds
8 Baths
10,221 Sq ft
$3,950,000
MLS# 2304923
ACTIVE

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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 ©2022 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Updated: 27th March, 2023 3:12 AM (UTC)
Listing Agent: Ben Swicegood
Listing Office: EXP Realty LLC