1. Virginia
2. Richmond
3. 1112 Sumpter St

1112 Sumpter St, Richmond, VA 23220

• 5,500 sqft

Property Description

RVA 5 Property Turnkey Rental Portfolio For Sale. Portfolio Overview - Total Properties: 5 single-family homes - Locations: 4 homes on Richmond’s Southside, 1 in Randolph near Maymont - Bedrooms: Four 3-bedrooms, One 4-bedroom - Monthly Rental Income: ~$8,000 (with potential for growth) - Condition: Well-maintained, professionally managed Appeal: Ideal for turnkey investors or flippers (minimal cosmetic updates needed) Included Properties - 1112 Sumpter St., Richmond, VA. 23220, 4-beds, 2-baths, 1577 sq ft., Rent: $2,099.00 - 5244 Germain Rd., Richmond, VA. 23224, 3-beds, 1-bath, 1020 sq ft., Rent: $1,350.00 - 606 W 49th St., Richmond, VA. 23225, 3-beds, 1-bath, 984 sq ft., Rent: $1,599.00 - 1100 Evergreen Ave., Richmond, VA. 23224, 3-beds, 1-bath, 1058 sq ft., Rent: $1,450.00 - 2036 Kimrod Rd., Richmond, VA. 23224, 3-beds, 1-bath, 1096 sq ft., Rent: $1,350.00 These homes are all tenant-occupied and generating consistent income. The seller notes that while some cosmetic wear is expected due to rentals, the homes are in good shape and could be sold retail with minimal effort once tenants cycle out. Investment Highlights: - Turnkey Ready: Immediate cash flow with existing tenants - Flip Potential: Light cosmetic updates could yield retail resale - Stable Income: ~$96,000 annually - 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:

2521712

Interior

• Heating: Heat Pump

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Matt Smith, Weichert Brockwell & Associate