1701 3rd Avenue, Richmond, VA, 23222

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$8,000,000
28 Days Online

1701 3rd Avenue
Richmond, VA 23222

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
36,609
SqFt
$219
/SqFt
2019
Built
County:
Richmond City
Listing courtesy of Mike Morrow of Liz Moore & Associates 804-594-5870
Call Now: 757-859-0924
Is this the home for you? We can help make it yours.
757-859-0924
1701 3rd Avenue1701 3rd Avenue1701 3rd Avenue1701 3rd Avenue
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Welcome to a unique investment opportunity across the Richmond metro area. This mixed-use real estate portfolio comprises a total of 21 properties, featuring 31 units that seamlessly blend commercial and residential spaces including commercial pads: 12 Single Family (2 new construction) 2 Quadplexes, 2 Duplexes, 1 Laundromat w/ attached Triplex. This portfolio is a strategic investment that offers both immediate rental income and significant long-term potential providing multiple revenue streams and diversification. Historically high occupancy rates and steady rental income make this portfolio a reliable cash flow generator. These properties have room for appreciation, allowing investors to capture additional value over time through property improvements and rent increases. Don't miss out on this exceptional investment opportunity and secure your place in Richmond's thriving real estate market. Properties can be sold individually, in groups or all together.

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Listing Snapshot
Price 
$8,000,000
Days Online 
28 Days
Bedrooms 
N/A
Inside Area (SqFt) 
36,609 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2019
MLS Number 
2327462
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS
4 weeks agoListing first seen online
General Features
Sewer 
Public Sewer
Number of Stories 
2
Acreage 
0
Water 
Public
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Community Features
MLS Area 
30 - Richmond
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.



Data last updated at 2023-12-08 02:40 AM UTC.

Neighborhood & Commute
Source: Walkscore
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