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623 N 32nd Street

Richmond, VA 23223
  • $480,000
  • STATUS: Pending
  • ON SITE: 13 Days
  • MLS #: 2212692
Pending
UPDATED: 26 min ago
$480,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,610
    SQFT
  • $184
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Information

Elementary School:
Middle School:
High School:

Description

Investor alert! This four-unit corner quad in the imminently rentable Church Hill area is ready for new owners. Three of the four units are recently vacated and the fourth has a long-term tenant who is now month to month. The units were all originally two bedroom, one bath but one has been renovated and opened up to one large bedroom (could be reconfigured to go back to two). Two of the units are currently in the process of being improved (new cabinets, tankless water heater etc.) and work can proceed or be halted depending on purchaser's desire. Fantastic opportunity to add four income-producing rentals that are currently blank slates -- improve and install new tenants at market rent. Tenants pay all utilities and have washer/dryers in unit.

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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.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: 2022-05-24T13:57:20.437.
www.exithomesearch.com/homes/128564252
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623 N 32nd Street Richmond, VA 23223

  • Price: $480,000
  • Status: Pending
  • On Site: 13 Days
  • Updated: 26 min ago
  • MLS #: 2212692
0
Beds
0
Baths
0
½ Baths
0.05
Acres
2,610
SQFT
$184
$/SQFT
1925
Built
Neighborhood:
None
County:
Richmond City
Area:
10 - Richmond
Elementary School:
Chimborazo
Middle School:
Martin Luther King Jr.
High School:
Armstrong
Property Description
Investor alert! This four-unit corner quad in the imminently rentable Church Hill area is ready for new owners. Three of the four units are recently vacated and the fourth has a long-term tenant who is now month to month. The units were all originally two bedroom, one bath but one has been renovated and opened up to one large bedroom (could be reconfigured to go back to two). Two of the units are currently in the process of being improved (new cabinets, tankless water heater etc.) and work can proceed or be halted depending on purchaser's desire. Fantastic opportunity to add four income-producing rentals that are currently blank slates -- improve and install new tenants at market rent. Tenants pay all utilities and have washer/dryers in unit.
Exterior Features

Architectural Style Row House Construction Materials BrickDrywall Fencing Back Yard Garage YN No Levels Two Lot Features Corner Lot Parking Features No GarageOn Street Patio And Porch Features BalconyFront Porch Roof Other Waterfront YN No

Interior Features

Appliances Electric Water Heater Basement Crawl Space Basement YN No

Property Features

Ownership Corporate Property Sub Type Quadruplex Sewer Public Sewer Special Listing Conditions Corporate Listing Tax Annual Amount 4116 Tax Year 2021 Water Source Public Zoning Description R-63

Listing provided by Small & Associates: (804) 353-1250. Listing information © 2022 CVRMLS and CBRAR.


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.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: 2022-05-24T13:57:20.437.
 
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Marc Austin Properties at EXIT First Realty
11207 Nuckols Road, Suite E
Glen Allen VA, 23059