Description

This classic six-unit brick apartment building combines timeless architectural appeal with durable construction and long-term investment stability. The property features spacious two-bedroom units, central heating and air conditioning, and convenient washer and dryer access in the basement. The asset has demonstrated a strong rental history and is currently fully occupied, offering immediate in-place cash flow. Additionally, below-market rents present a compelling opportunity for investors to increase revenue and drive long-term value. The inclusion of central air conditioning further enhances tenant appeal and supports rental growth. Ideally located just one block off Monument Avenue, the property sits within walking distance of some of Richmond’s most desirable amenities, including the Virginia Museum of Fine Arts, along with countless restaurants, local retailers, and coffee shops that define the Fan and Museum District lifestyle. 2800 Park Avenue represents a rare opportunity to acquire a well-located, historically significant multifamily property in one of Richmond’s most proven and resilient rental markets.