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$ 905,000
Est. payment | /mo
1 Acres Lot
$ 905,000
Est. payment | /mo
1 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2521785
Construction Status Actual
HOA Y/N No
Year Built 1960
Lot Size 1.000 Acres
Acres 1.0
Property Description
RVA 4 Property Rental Portfolio For Sale.
This sale includes four single-family homes—all currently rented and generating over $5,500/month in income. The properties are well-maintained and offer potential for both turnkey rental income and resale flipping.
Investment Highlights
- Monthly rental income: $5,500+
- ~$66,000 annually
- Room to grow with rent increases or tenant turnover
- Minimal updates needed for retail resale
- Potential for flipping or holding as a cash-flowing asset
- Managed and maintained professionally
Sale includes the following properties: 1002 Althea PKWY., 1603 Lyndover Rd., 1703 Parlow Dr., 1906 McDonald Rd..
Growth Opportunity: Potential to raise rents or improve value If you are ready to scale up your rental portfolio with quality, turnkey, rented properties, then take a look at these.
This sale includes four single-family homes—all currently rented and generating over $5,500/month in income. The properties are well-maintained and offer potential for both turnkey rental income and resale flipping.
Investment Highlights
- Monthly rental income: $5,500+
- ~$66,000 annually
- Room to grow with rent increases or tenant turnover
- Minimal updates needed for retail resale
- Potential for flipping or holding as a cash-flowing asset
- Managed and maintained professionally
Sale includes the following properties: 1002 Althea PKWY., 1603 Lyndover Rd., 1703 Parlow Dr., 1906 McDonald Rd..
Growth Opportunity: Potential to raise rents or improve value If you are ready to scale up your rental portfolio with quality, turnkey, rented properties, then take a look at these.
Location
State VA
County Richmond City
Area 30 - Richmond
Direction Take 1st Ave in the City to Althea PKWY, home is at the end of the Cul de sac.
Interior
Heating Heat Pump
Exterior
Exterior Feature Other
Roof Type Shingle
Topography Level
Building
Lot Description Level
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Construction Status Actual
Others
Tax ID N000-0341-004
Ownership Investment
Listed by Weichert Brockwell & Associate
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