1002 Althea Pky, Richmond, VA 23222

Commercial Property
Built in 1960
1acre lot
—— car garage
$——/sqft
Listed 23 days ago

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.

Listing Status:: Active
Listing Office:: Weichert Brockwell & Associate : (804) 518-0500
Listing Agent:: Matt Smith : (804) 366-0200
MLS ID:: 2521785

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 $

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Location

Schools Nearby

Overby-Sheppard Elementary School

2300 1st Ave, Richmond, VA, 23222

Grades PK-5

0.32 miles away

Richmond Alternative

119 W Leigh St, Richmond, VA, 23220

Grades 6-12

1.11 miles away

Richmond Community High School

201 E Brookland Park Blvd, Richmond, VA, 23222

Grades 9-12

0.70 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.