$7,770,000
4306 1st St, Henrico, VA 23223
0 Beds
0 Baths
50,808 SqFt

Share

   
OR
Photos
Map
Prices are changing. Get a free home estimate     Find out now

powered by Etta

37 single family home portfolio located in the heart of the Richmond MSA. The homes consist of a mix 2-4 bedrooms and are located primarily in Richmond’s east end with many of them having undergone renovations within the last 5 years. The portfolio consists of 56% section 8 tenants. With a request to RRHA, rents can be increased for all section 8 tenants moving into 2023- these increases are outlined in Figure A (see rent roll). This is a rare opportunity for qualified investors to purchase a single family portfolio through a loan assumption at a below market interest rate of 3.35% with a one percent assumption fee at closing. Now is the time for investors to act on this opportunity and expand their current portfolio in the Richmond MSA or enter the market with true presence.
  • Price:
  • $7,770,000
  • Square Footage:
  • 50,808
  • Acreage:
  • 7.85
  • Year Built:
  • 1951
  • Listing ID #:
  • 2230056
  • Street Address:
  • 4306 1st St
  • City:
  • Henrico
  • State:
  • Virginia
  • Postal Code:
  • 23223
  • County:
  • Henrico
  • Community:
  • 42 - Henrico
  • Listing Status:
  • Pending
  • Listing Type:
  • Commercial Sale
  • Building Condition:
  • Good Condition
  • Construction Description:
  • Brick
  • Number Of Floors In Unit:
  • One And One Half
  • Stories:
  • 1
  • Total Building Square Footage:
  • 50808
  • Type Of Roof:
  • Built-Up
  • Year Built:
  • 1951
  • Lot Features:
  • Level
  • Lot Size:
  • 7.8494
  • Topography:
  • Level
  • Days On Market:
  • 88
  • Originating Mls:
  • Cvr
  • Total Rooms:
  • 5
  • Cooling System:
  • Central Air
  • Existing Water:
  • Community/Coop
  • Has Central Air Conditioning:
  • Yes
  • Sewage Type:
  • Community/Coop Sewer
$

$

%

$

$

$


The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: Justin Sledd with One South Realty Group
  • VACENTRAL