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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0BEDS
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144ACRES
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0BATHS
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01/2 BATHS
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.
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: 2023-09-27T16:57:27.953.
Listing provided by One South Realty Group, Llc: 804-353-0009. Listing information © 2023 CVRMLS and CBRAR.