3103 Hanes Ave, Richmond, VA 23222

5,000 sqft

Commercial Property
Built in 1930
1acre lot
—— car garage
$220/sqft
Listed 20 days ago

Property Description

?? Turnkey Rental Portfolio Opportunity in Richmond, VA. with 5- single family homes. This investment package includes five single-family homes, all currently rented and generating over $6,700/month in income, with potential for growth. Most homes are 3-bedrooms with 1–2 baths, and while some may need cosmetic updates due to tenant wear, they’re in good condition, well-maintained, and professionally managed. ?? Properties Included: -3103 Hanes Ave. Richmond, VA 23222, -3 beds, 1 bath, 1,040 sq ft, -Built in 1930, bungalow/cottage style, -Rental rate is $1399.00 -3417 Oxnard Rd. Richmond, VA 23223, -3 beds, 1 bath, 1048 sq ft, -Built in 1956, ranch style, -Rental rate is $1450.00 -3616 Harris Ave. Richmond, VA. 23222, -3 beds, 1 bath, 992 sq ft, -Built in 1954, Ranch style, -Rental rate is $1299.00 -3713 North Ave. Richmond, VA. 23222, -4 beds, 2 baths, 1180 sq ft, -Built in 1945, Cape style, -Rental rate is $1428.00 -3800 North Ave. Richmond, VA. 23223, -3 beds, 1 bath, 1008 sq ft, -Built in 1955, Ranch style, -Rental rate is $1155.00 ?? Investment Highlights: - 100% Occupied with yearly income over $80,000.00. - Fully rented portfolio with stable cash flow and room for growth. - Well maintained properties with professional mgmt. - Minimal repairs needed to sell retail. - Ideal for both buy-and-hold investors and flippers. If you're seeking a ready-to-go rental portfolio or a light rehab flip opportunity, this package offers both. Drive by and see them all today!

Listing Status:: Active
Listing Office:: Weichert Brockwell & Associate : (804) 518-0500
Listing Agent:: Matt Smith : (804) 366-0200
MLS ID:: 2521677

Heating: Heat Pump

This listing courtesy of Matt Smith, Weichert Brockwell & Associate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Barack Obama Elementary School

3101 Fendall Ave, Richmond, VA, 23222

Grades KG-5

0.06 miles away

Richmond Alternative

119 W Leigh St, Richmond, VA, 23220

Grades 6-12

1.69 miles away

Richmond Community High School

201 E Brookland Park Blvd, Richmond, VA, 23222

Grades 9-12

0.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.