3518 E Richmond Road Unit U12, Richmond, VA 23223

$125,000
: 2
BD
: 1
BA
: 760
SqFt

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List Price: $125,000
MLS#: CVR-2604625
Year Built: 1966
Stories: 2
Bedrooms: 2
Bathrooms: 1
Living Area: 760
Acres: 0.02
Region: 10 - Richmond
Subdivision: Villas Of Oakwood South
Neighborhood: Villas Of Oakwood South

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Property Description

Income-producing townhomes in Richmond’s established east-end corridor. Three 2-bedroom, 1-bath units available with strong rental history and five are currently tenant occupied, offering immediate and stable cash flow. Units 12 and 6 have been renovated with updated kitchens, LVP flooring, and modern finishes. Unit 11 is well maintained and currently performing. Washer/dryer connections in each unit. Tenants pay utilities. Select units include Housing Choice Voucher tenants with consistent payment history. Opportunity to purchase individually or together. Well positioned near downtown Richmond, Church Hill, and major commuter routes with continued growth and rental demand. Invited to contact lender with any financing questions.

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Additional Information

Taxes: $1,224
Hoa Fee: $121
Appliances: Electric Water Heater, Water Heater
Heating: Electric
Cooling: Central Air
Flooring: Carpet, Laminate, Vinyl
Exterior Features: Porch
Roof: Composition
Elementary School: Chimborazo
Middle School: Martin Luther King Jr.
High School: Armstrong