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3103 Hanes Avenue, Richmond, VA 23222

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For Sale

$1,100,000

1 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 1 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

?? Turnkey Rental Portfolio Opportunity in Richmond, VA. with 5- single family homes. This investment package includes five single-family homes, all currently rented and generating over $6,700/month in income, with potential for growth. Most homes are 3-bedrooms with 1-2 baths, and while some may need cosmetic updates due to tenant wear, they're in good condition, well-maintained, and professionally managed. ?? Properties Included: -3103 Hanes Ave. Richmond, VA 23222, -3 beds, 1 bath, 1,040 sq ft, -Built in 1930, bungalow/cottage style, -Rental rate is $1399.00 -3417 Oxnard Rd. Richmond, VA 23223, -3 beds, 1 bath, 1048 sq ft, -Built in 1956, ranch style, -Rental rate is $1450.00 -3616 Harris Ave. Richmond, VA. 23222, -3 beds, 1 bath, 992 sq ft, -Built in 1954, Ranch style, -Rental rate is $1299.00 -3713 North Ave. Richmond, VA. 23222, -4 beds, 2 baths, 1180 sq ft, -Built in 1945, Cape style, -Rental rate is $1428.00 -3800 North Ave. Richmond, VA. 23223, -3 beds, 1 bath, 1008 sq ft, -Built in 1955, Ranch style, -Rental rate is $1155.00 ?? Investment Highlights: - 100% Occupied with yearly income over $80,000.00. - Fully rented portfolio with stable cash flow and room for growth. - Well maintained properties with professional mgmt. - Minimal repairs needed to sell retail. - Ideal for both buy-and-hold investors and flippers. If you're seeking a ready-to-go rental portfolio or a light rehab flip opportunity, this package offers both. Drive by and see them all today!
MLS# 2521677

Courtesy Of Weichert Realtors Brockwell and Portwood

(804) 518-0500

Property Features

  • Age
    Over 50 Years Old
  • Lot Size
    1 Acres

Map and Directions

Directions to 3103 Hanes Avenue, Richmond, VA 23222

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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