Description

Exceptional investment opportunity for an ambitious househacker or a savvy buy-and-hold investor. After undergoing a full gut renovation in 2020, this property has been a stable income-producer in a growing pocket of Richmond. Three units are occupied by reliable tenants on long-term leases, while the 4th unit is month-to-month, giving the incoming owner flexibility to approach the property in a way that best fits their own strategy. With a highly-capable and attentive property manager already in place and willing to stay on, and a rent roll over $5,000 per month, this property can be as turnkey as you would like it to be.