Great investment property with tons of space to build additional units!! This part of Richmond is undergoing a major face lift and is located less than a mile from Historic Downtown Richmond. 6 units in the 2 story apartment complex and 2 units in the 1 story duplex. Less than half of total acre is being utilized, plenty of room to build and increase rent tolls.
Income property for sale. This property has 3 addresses. They are 525,527, and 519. The tax ID for 519 is 7835-00-028-0090-901. 525 is a duplex, 527 and 519 are freestanding apartments. All of the units are leased. 525 facing street $400 per month. 525 facing courtyard $500 per month. 519 facing courtyard $500 per month, and 527 facing courtyard leased at $550 per month. Tenants have been here for six+ years. These are being sold AS IS.
Great investment property generating $1950/month income. Units need TLC but have renters in all of the units. There is a provision for adding an additional unit on property, per seller. Seller currently pays water for tenants.
Tenants occupy both sides of home. No showings until executed contract & do not disturb the tenants. Agent is related to seller. Charming Alief area duplex with tenants occupying both sides. Great investment opportunity! 2 bedroom/1 full bath each unit. Foundation has been repaired with a lifetime guarantee. New roof 2014/2015. Come and bring an offer!! Seller is related to agent.