Property Address: 401 E Brookland Park Blvd, Richmond, Virginia
Average square foot calculated using Size range provided by listing agent.
Description
Exceptional Investment Opportunity – 26-Unit Multifamily Property! Discover the potential of this all-brick multifamily complex, featuring 26 units comprised of 18 spacious 2-bedroom, 1-bath apartments and 8 efficient 1-bath studio units. Six units have been recently renovated and are rent-ready—perfect for immediate cash flow! With newer vinyl windows and a durable brick exterior, this property offers low-maintenance ownership and long-term value. Market rents are strong, with efficiency units projected at $1, 000/month and 2-bedroom units at $1, 200/month, giving this property significant upside potential. Current monthly rental income stands at $14, 572, leaving plenty of room to increase revenue as more units are updated and leased at market rates. Don’t miss your chance to invest in a high-potential asset with solid fundamentals and room to grow. Contact us today to schedule your private tour!
MLS® Number2510457
Locker
Ensuite LaundryNo
Balcony
Furnished
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Exposure
Exterior
GarageNo
Approx. Age1967
Stories2
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
Heat
A/C
Heating Fuel
Extras
401 E Brookland Park Blvd, Richmond, VA
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